• Natural Gas News

    Budapest Times: Diversification of supply remains a dream

    old

Summary

Hungary is quite logically showing keen interest in the “Turkish Stream” as it wishes to add on gas supplies coming from the southern direction

by:

Posted in:

Press Notes

Budapest Times: Diversification of supply remains a dream

We have fulfilled all requirements of the Hungarian partner, Russian President Vladimir Putin said in an obviously relaxed manner at the international press conference held with Prime Minister Viktor Orbán on Putin’s visit to Budapest this month. We have secured the energy supply for families and the gas supply for companies, Orbán emphasised.

Vladimir Putin and Viktor Orbán negotiated for more than two hours, and in the end they even took the time for a working lunch. The result was the press conference held in full consensus. First, Orbán announced that Hungary needs Russia, the Russian market and their energy; the sanctions against Russia harmed international relations; this was why it was necessary to refortify economic cooperation now.

In this context Orbán urged clarifying the relationship between the European Union and Russia. “It’s nonsense to exclude Russia from Europe,” he pointed out. The security of the region could only be guaranteed together with Russia and for that you must negotiate, negotiate and negotiate.

Both politicians were doing well at that, so Orbán was able to announce that there are only a few technical questions remaining open about the long-term gas supply contract. In any case, the gas supply for families and companies was secured.

Read the full article from The Budapest Times HERE