September 9, 2025
Hungary has signed a 10-year agreement with Shell on the background of EU plans to refuse Russian gas thumbnail
UKRAINIAN NEWS

Hungary has signed a 10-year agreement with Shell on the background of EU plans to refuse Russian gas

Hungary has concluded a 10-year gas supply agreement from Shell, taking one of the first steps to diversify and reduce dependence on Russian deliveries against the background of the EU’s deadline for gradual abandonment of Russian energy.

This was reported by Bloomberg, European Truth writes.

On Tuesday, the country has signed a contract of 2 billion cubic meters of gas to be delivered for ten years since 2026. This was announced by Foreign Minister Peter Siyarto in an interview in the Gastech conference fields in Milan.

According to him, deliveries will come to Hungary through Czech and German gas pipelines.

Although the EU plans to stop importing Russian fossil energy by the end of 2027, Hungary has long been objected to these plans. Budapest urged the EU to compensate for member states to diversify and now seem to have begun steps to find alternatives.

“We are negotiating with several contracts with other Western suppliers, but are not yet ready to declare them,” Siyarto said.

At the same time, he noted that the current EU plan for the step -by -step refusal to import Russian energy is still a serious risk to Hungary’s energy security, since the country does not have enough pipeline infrastructure from other markets to provide the required volume.

The country has a contract with Russian Gazprom for supply of 4.5 billion cubic meters of gas per year by 2036, which after 2022 was Supplemented by additional purchases.

Siyarto also stated that Hungary’s nuclear ambitions, which provide doubling of atomic capacity by introducing two new reactors, will reduce the current gas importation of gas and significantly reduce the pressure on fuel supplies, which will help the country to cover 70% of electricity needs on its own.

The European Union plans to completely stop importing Russian gas by the end of 2027.

About how energy ties with the Russian Federation Poland, read in the article Energy Independence Course: As Poland refused Russian gas.

Subscribe to the European Truth!

If you notice an error, select the required text and press Ctrl + Enter to inform the editorial staff.

”, – WRITE: www.eurointegration.com.ua

Hungary has concluded a 10-year gas supply agreement from Shell, taking one of the first steps to diversify and reduce dependence on Russian deliveries against the background of the EU’s deadline for gradual abandonment of Russian energy.

This was reported by Bloomberg, European Truth writes.

On Tuesday, the country has signed a contract of 2 billion cubic meters of gas to be delivered for ten years since 2026. This was announced by Foreign Minister Peter Siyarto in an interview in the Gastech conference fields in Milan.

According to him, deliveries will come to Hungary through Czech and German gas pipelines.

Although the EU plans to stop importing Russian fossil energy by the end of 2027, Hungary has long been objected to these plans. Budapest urged the EU to compensate for member states to diversify and now seem to have begun steps to find alternatives.

“We are negotiating with several contracts with other Western suppliers, but are not yet ready to declare them,” Siyarto said.

At the same time, he noted that the current EU plan for the step -by -step refusal to import Russian energy is still a serious risk to Hungary’s energy security, since the country does not have enough pipeline infrastructure from other markets to provide the required volume.

The country has a contract with Russian Gazprom for supply of 4.5 billion cubic meters of gas per year by 2036, which after 2022 was Supplemented by additional purchases.

Siyarto also stated that Hungary’s nuclear ambitions, which provide doubling of atomic capacity by introducing two new reactors, will reduce the current gas importation of gas and significantly reduce the pressure on fuel supplies, which will help the country to cover 70% of electricity needs on its own.

The European Union plans to completely stop importing Russian gas by the end of 2027.

About how energy ties with the Russian Federation Poland, read in the article Energy Independence Course: As Poland refused Russian gas.

Subscribe to the European Truth!

If you notice an error, select the required text and press Ctrl + Enter to inform the editorial staff.

Related posts

After a wave of protests through NABU and SAP, the Council decided to fine ministers – UP

pravda.com.ua

Zelensky explained that he considers a victory for Ukraine

pravda.com.ua

Ukraine has lost points with Azerbaijan in the World Cup qualification

pravda.com.ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More