The Hungarian prime minister said on Friday that he would sign a new agreement with Russia in the coming months, under which the country would supply almost one billion cubic meters of gas.
Speaking on local radio, Viktor Orban said he expected an agreement with Moscow this summer to supply Hungary with an additional 700 million cubic meters of gas.
“We are negotiating with the Russians… this deal can be signed in the summer, and then we will be safe,” he said. “Hungary has enough gas.”
One cubic meter of gas gives about the same amount of energy as a liter of diesel fuel.
This new agreement is in addition to a 15-year deal Budapest signed with Russian state-owned energy giant Gazprom last year to supply about 4.5 billion cubic meters of gas a year.
The announcement came after Hungarian Foreign Minister Péter Szijjártó visited Moscow last week to discuss deal potential with his Russian colleague Sergey Lavrov.
“In the current international situation, the most important thing for us is to ensure Hungary’s energy security,” Hungarian Foreign Minister Peter Szijjarto said at a press conference in the Russian capital on July 22.
“Therefore, I would like to talk today and agree on an increase in the volume of gas already supplied to Hungary from Russia.”
A senior Russian diplomat said at the time that “Budapest’s request [for more gas] will be immediately … considered.
Hungary is currently lagging behind other EU member states in ramping up gas supplies ahead of winter.
The country’s reserves are only 50% full, compared to a block average of 68%, according to Politico.
Hungary, like many other European countries, is heavily dependent on Russian energy, with about 80 percent of its gas coming from Russia.
Budapest strongly opposes any potential EU sanctions on Russian gas, although it has not voted against Brussels’ punitive measures.