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Hungary Unaffected by Russian Gas Transit Halt Through Ukraine

Minister Péter Szijjártó with Serbia’s Trade Minister Tomislav Momirović in Budapest Hungary will not face disruptions from the expected halt of Russian natural gas transit through Ukraine, thanks to the Turkish Stream pipeline, according to Mi


  • Oct 09 2024
  • 27
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Hungary Unaffected by Russian Gas Transit Halt Through Ukraine
Hungary Unaffected by Russian
Minister Péter Szijjártó with Serbia’s Trade Minister Tomislav Momirović in Budapest

Hungary will not face disruptions from the expected halt of Russian natural gas transit through Ukraine, thanks to the Turkish Stream pipeline, according to Minister of Foreign Affairs and Trade Péter Szijjártó, speaking after the Hungarian-Serbian Joint Economic Committee meeting.

The Minister highlighted the crucial cooperation between Hungary, Türkiye, Serbia, and Bulgaria in constructing the Turkish Stream pipeline. “If we had not been brave enough, we would be in big trouble today. If we had not built the Turkish Stream pipeline, it would have been very difficult, if not impossible, for Hungary to guarantee the security of its gas supply today,” he said.

This year alone, more than 5.6 billion cubic meters of gas have been transported via the Turkish Stream, solidifying Hungary’s energy security.

The decision to develop this alternative gas supply route was met with opposition from some Western allies. Péter Szijjártó recalled that “our allies tried to talk us out of it. Some more kindly, some more threatening.” The minister stressed that Hungary’s investments in gas transport infrastructure allow the country to remain largely independent of the Russian-Ukrainian transit conflict, which could heavily impact other Central European nations.

Mr. Szijjártó briefly addressed other issues, such as the EU’s punitive tariffs on Chinese electric vehicles and NATO membership for Ukraine.

 

A bejegyzés megtekintése az Instagramon

 

Szijjártó Péter (@peter_szijjarto) által megosztott bejegyzés

He noted that both topics are fraught with tension, especially Ukraine’s NATO bid, which he warned could trigger broader conflict.

In conclusion, the Foreign Minister’s remarks underscore Hungary’s strategic foresight in securing its gas supply, an essential step for both national security and regional stability.

Gas Storages Are Ready for a Secure and Affordable Heating Season
Gas Storages Are Ready for a Secure and Affordable Heating Season

Hungary has met the EU's 90% gas storage target for Member States set for November 1 ahead of schedule.Continue reading

Via MTI; Featured Image: MTI / Koszticsák Szilárd

The post Hungary Unaffected by Russian Gas Transit Halt Through Ukraine appeared first on Hungary Today.

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