Russia has assured Hungary of continued gas shipments – foreign minister

BUDAPEST (Reuters) – Russia has promised to proceed fuel shipments to Hungary and that Gazprom will fulfil its contractual obligations to the nation, Overseas Minister Peter Szijjarto mentioned in an interview on public service radio on Sunday.

In Russia’s response to Western sanctions imposed on Moscow since its invasion of Ukraine, state power big Gazprom has lower provides to Denmark’s Orsted (ORSTED.CO) and to Shell Vitality (SHEL.L) for its contract to produce fuel to Germany.

It additionally lower provides to Dutch fuel dealer GasTerra together with Bulgaria, Poland and Finland for refusing to make funds for Russian fuel in roubles below a brand new rouble scheme.

Szijjarto mentioned that Gazprom CEO Alexey Miller and Russia’s deputy prime minister Alexander Novak had each assured him in a telephone name that the corporate would fulfil its obligations in the direction of Hungary set out in its contract, Szijjarto mentioned.

The minister didn’t say when the telephone name happened. The overseas ministry didn’t instantly reply to a request for remark.

Underneath a take care of Gazprom signed final 12 months, Hungary receives 3.5 billion cubic metres (bcm) of fuel per 12 months through Bulgaria and Serbia below its long-term take care of Russia, and an extra one bcm through a pipeline from Austria.

The settlement is legitimate for 15 years, with an choice to change bought portions after 10 years.

Szijjarto additionally mentioned on Sunday that Hungary’s power safety, together with its fuel provide, is secure and that fuel shipments have been arriving day by day as per the contract, on schedule, and with none disruptions.

Russian fuel flows to Europe fell in need of demand on Friday as Italy and Slovakia reported receiving lower than half of the same old volumes via the Nordstream 1 pipeline, which crosses the Baltic Sea from Russia to Germany and accounts for round 40% of Russian pipeline flows to the European Union.

On Sunday Germany introduced additional steps to spice up fuel storage ranges to organize for the following winter season, when it fears Russia may cut back and even fully halt provides.

(Reporting by Anita Komuves; Modifying by Raissa Kasolowsky)

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