EnergyWatch

Hungary doubles down on Russia gas route as Poland looks to US

Hungary believes a new pipeline for Russian gas is the only realistic option for energy diversification, while Poland is trying to wean itself from Russian gas supplies.

Hungary sees a new pipeline for Russian gas as the "only realistic" step toward energy diversification now, Foreign Minister Peter Szijjarto said on the same day Poland used a visit by U.S. President Donald Trump to announce plans to wean itself off of fuel supplies from its Soviet-era master.

Hungary signed an agreement this week with Russian energy giant OAO Gazprom, which is building the Turkish Stream pipeline to carry gas to central Europe via Turkey, Bulgaria and Romania. With the first shipments expected by end-2019, the project offers an alternative to a pipeline that cuts through Ukraine, even if it won’t reduce Hungary's reliance on Russia." The only realistic option for diversification is to link up with the southern gas corridor," Szijjarto said in an interview in London on Thursday. He said delays by Romania and Croatia to link their networks with Hungary was another reason for siding with the Gazprom project.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs