Hungarian Foreign Minister: Russia may change the gas contract with the country because of the price ceiling

Hungarian Foreign Minister Peter Szijjarto said he had phoned Russian Deputy Prime Minister Alexander Novak. According to Mr. Szijjarto, Mr. Novak during the conversation “expressed openness” to adjusting the gas contracts of Russia and Hungary due to the introduction of a price cap.

“Yesterday I consulted by phone with the Russian Deputy Prime Minister in charge of energy, Alexander Novak. He expressed his openness to the fact that if there is a need to change long-term Hungarian-Russian contracts for the purchase of gas due to the gas price ceiling, then this will be possible,” said Mr. Szijjártó (quoted from “RIA News”).

Earlier today, December 13, the head of the Hungarian department informedthat the discussed ceiling on gas prices would jeopardize the security of Hungary’s energy supply. He also announced that EU energy ministers had not agreed on restrictions on gas from Russia.

In December, the EU agreed on a price ceiling for Russian oil. Péter Szijjártó reported that Hungary “fought a lot” and the European Union exempted it from complying with this restriction.

On relations between Hungary and Russia – in the material “Kommersant” “Budapest Storms from Sanctions”.

Polina Sobakina