Over 8.5 months Gazprom increases gas supplies to Hungary by 8.6 per cent

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and Trade of Hungary, took place in Moscow on Monday.

The parties addressed the ongoing and future cooperation, highlighting an increase in Gazprom’s gas exports to Hungary. According to provisional data, Gazprom had supplied Hungary with 5.4 billion cubic meters of gas from January 1 to September 15, 2018, an 8.6 per cent rise from the same period of 2017.

The meeting also considered the prospects of storing the Company’s gas in UGS facilities located in Hungary.

In addition, the parties discussed Hungary’s plans for the development of the national gas transmission system.

In 2017, Gazprom supplied Hungary with 7 billion cubic meters of gas, an increase of 21.9 per cent against 2016 (5.7 billion cubic meters).

On July 5, 2017, Alexey Miller and Peter Szijjarto signed a roadmap to implement a number of measures aimed at developing Hungary’s gas transmission system.