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Russia Has Assured Hungary of Continued Gasoline Shipments – International Minister | World Information | gadgetfee

BUDAPEST (Reuters) – Russia has promised to proceed fuel shipments to Hungary and that Gazprom will fulfil its contractual obligations to the nation, International Minister Peter Szijjarto stated in an interview on public service radio on Sunday.

In Russia’s response to Western sanctions imposed on Moscow since its invasion of Ukraine, state power big Gazprom has minimize provides to Denmark’s Orsted (ORSTED.CO) and to Shell Power (SHEL.L) for its contract to produce fuel to Germany.

It additionally minimize provides to Dutch fuel dealer GasTerra together with Bulgaria, Poland and Finland for refusing to make funds for Russian fuel in roubles underneath a brand new rouble scheme.

Szijjarto stated that Gazprom CEO Alexey Miller and Russia’s deputy prime minister Alexander Novak had each assured him in a cellphone name that the corporate would fulfil its obligations in direction of Hungary set out in its contract, Szijjarto stated.

The minister didn’t say when the cellphone name happened. The overseas ministry didn’t instantly reply to a request for remark.

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Underneath a cope with Gazprom signed final yr, Hungary receives 3.5 billion cubic metres (bcm) of fuel per yr by way of Bulgaria and Serbia underneath its long-term cope with Russia, and an extra one bcm by way of a pipeline from Austria.

The settlement is legitimate for 15 years, with an possibility to switch bought portions after 10 years.

Szijjarto additionally stated on Sunday that Hungary’s power safety, together with its fuel provide, is secure and that fuel shipments have been arriving every day as per the contract, on schedule, and with none disruptions.

Russian fuel flows to Europe fell in need of demand on Friday as Italy and Slovakia reported receiving lower than half of the same old volumes via the Nordstream 1 pipeline, which crosses the Baltic Sea from Russia to Germany and accounts for round 40% of Russian pipeline flows to the European Union.

On Sunday Germany introduced additional steps to spice up fuel storage ranges to arrange for the following winter season, when it fears Russia may scale back and even fully halt provides.

(Reporting by Anita Komuves; Enhancing by Raissa Kasolowsky)

Copyright 2022 Thomson Reuters.

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