Hungary signed a new 15-year agreement on gas supplies from Russia. The agreement was signed in Budapest on Monday by the executives of Russian gas giant Gazprom and Hungarian energy group MVM.
Ukraine’s foreign ministry, which will lose millions in transit fees, said the deal was a “purely political, economically unreasonable decision” taken “to the detriment of Ukraine’s national interests and Ukraine-Hungary relations”. According to her, the agreement will have “a major impact on the energy security of Ukraine and Europe.”
The Ukrainian ministry also said it would ask the European Commission to assess whether the agreement complies with European energy legislation. Hungarian Foreign Minister Peter Szijjarto told a news conference that for Hungary, energy security “is a matter of security, sovereignty and economy, not a political issue”.
“You can not heat houses with political statements,” Szijjarto said. A Gazprom statement quoted company chief Alexei Miller as saying that Hungary “will start receiving Gazprom gas starting October 1, through the Turkish Stream and Southeast European pipelines”. Russia, which until recently distributed natural gas mainly through Ukraine, has increased export routes, building the North Stream pipeline to Germany and the Turkish Stream to Turkey.
Hungary, for most of its gas imports, has relied on Russia. Deliveries are made through a pipeline through Ukraine.
But in recent years, it has also increased gas imports, securing supplies from the Anglo-Dutch company Royal Dutch Shell through a liquefied gas terminal in Croatia.
The European Union has not yet commented on Hungary’s new agreement with Russia.
To be part of the group »AOL“just click: Join Group and your request will be approved immediately.