Hungary eyes 6 bln cu m of gas imports via Serbia as of Oct 2021 - Szijjarto

25/06/2020 09:03 Natural Gas


Hungary plans to buy up to 6 billion cubic metres of gas annually from a string of the TurkStream pipeline through Bulgaria and Serbia as of October 2021, Hungarian media reported on Tuesday. 

"Our goal is to sign three five-year deals, which allows cancelling the agreement at the end of each five-year period. This will ensure our long-term supply and that if better opportunities arise or the international energy market changes, the agreement can be renegotiated or withdrawn," daily Vilaggazdasag quoted foreign affairs and trade minister Peter Szijjarto as saying.


Hungary has reached an agreement to buy 4.2 billion cubic metres of gas from Gazprom in the twelve months to October 2021, Szijjarto also said.


In December, Serbia completed the laying of about 400 km of pipes of a string of the TurkStream pipeline of Russia's Gazprom for the transit of natural gas to Europe from Turkey via Bulgaria, Serbia and Hungary. The Bulgarian section of the project is still unfinished.


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