Agreement reached on Russian gas deliveries to Hungary

Hungary has reached an agreement on gas deliveries from Russia for both 2019 and 2020, Prime Minister Viktor Orbán said at a joint press conference with Russian President Vladimir Putin in Moscow on Tuesday, Hungarian news agency MTI reported.

Orbán said he had asked President Putin to seriously consider extending the path of the TurkStream (Turkish Stream) natural gas pipeline into his country and further into Europe. TurkStream, which replaced the cancelled South Stream project, is currently under construction, extending from Russia across the Black Sea to Turkey.

Meanwhile in Hungary, work on the upgrade of the Paks Nuclear Power Plant is progressing well, Orbán said. Russia is financing a large part of the addition of two reactors at the plant, Hungaryʼs sole source of commercial nuclear power, and Russiaʼs Rosatom is the general contractor for the project.

Orbán also said he had urged the launch of a direct flight between Budapest and the city of Kazan, capital of the Republic of Tatarstan.(Read more….)