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    Hungary Imports 22% Extra Russian Gas in 2019

Summary

Hungary is set to receive gas from Russia's TurkStream next year.

by: Joseph Murphy

Posted in:

Natural Gas & LNG News, Europe, Corporate, Import/Export, Infrastructure, , Turk/Turkish Stream, News By Country, Hungary, Russia

Hungary Imports 22% Extra Russian Gas in 2019

Russia’s Gazprom sold 22% more gas to Hungary between the start of the year and October 29, compared with the same period in 2018.

Shipments totalled 9.3bn m3, the company said in a statement on October 30, noting a meeting had been held between its head Alexei Miller and Hungarian foreign minister Peter Szijjarto.

Measures are being taken to expand Hungary’s gas transportation system, Gazprom said, under a road map deal it signed with Budapest in 2017.

Hungary took 7.6bn m3 of Russian gas in 2018, up from 7bn m3 in the year before, according to Gazprom, even though its consumption of gas fell between the two years from 9.9bn mto 9.6bn m3. Hungary could potentially receive extra Russian gas after the 15.75bn m3/yr second string of Russia's TurkStream is completed, potentially in 2020, depending on how much gas Gazprom wants to keep transiting through Ukraine.