Moscow, September 20 - Neftegaz.RU. Hungary has reached an agreement on gas deliveries from Russia for both 2019 and 2020, Prime Minister Viktor Orbán said at a joint press conference with Russian President Vladimir Putin, Hungarian MTI reported.
Orbán said he had asked President Putin to seriously consider extending the path of the Turkish Stream gas pipeline into his country and further into Europe. Turkish Stream, which replaced the cancelled South Stream project, is currently under construction, extending from Russia across the Black Sea to Turkey.
Meanwhile in Hungary, work on the upgrade of the Paks Nuclear Power Plant is progressing well, Orbán said. Russia is financing a large part of the addition of 2 reactors at the plant, Hungaryʼs sole source of commercial nuclear power, and Russiaʼs Rosatom is the general contractor for the project.
Minister of Foreign Affairs and Trade Péter Szijjártó confirmed earlier that Russiaʼs Gazprom had agreed to start talks with Hungary on gas deliveries for 2020. Hungary plans to buy about 4.1 billion m3 of gas from Gazprom, he added.
Gas consumption in Hungary amounted to 10.3 bln m3 last year. Szijjártó added that talks on boosting Hungaryʼs role in the Moscow-based International Investment Bank (IIB) are at an advanced stage. The IIB is involved in Hungarian projects worth about €70 million at present, he noted.
