Hungary signs deal with Gazprom for 5.8bn cubic metres of natural gas

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An engineer of the FGSZ Ltd, Hungary's natural gas transporting company turns a gas pipeline valve forwarding natural gas from underground storage facilities.

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Hungary says it has signed a deal with Russian energy giant Gazprom for 5.8 billion cubic metres of extra natural gas.

Zoltan Kovacs, international spokesman for Hungary’s government, said it would be on top of the country’s current supplies.

“Hungary’s energy supply is safe,” he added.

Hungary’s foreign affairs minister also logged in to announce the deal with Gazprom on Facebook while meeting with other EU ministers.

The ministers met to debate a possible visa ban on Russian tourists in response to the war in Ukraine.

The announcement comes as Europe scrambles to cut energy consumption and cope with a reduction in supply of Russian gas.

Gazprom stopped gas supplies to Europe’s Nord Stream 1 pipeline earlier on Wednesday for maintenance amid concerns in the EU that Russia will stop exporting natural gas in retaliation for sanctions.

This breaking news story is being updated.

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