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Alexander Novak’s telephone conversation with Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto

The talks were held on the eve of Hungarian Prime Minister Viktor Orban’s working visit to Russia.

During the conversation, Alexander Novak and Peter
Szijjarto discussed current bilateral cooperation between Russia and Hungary in
the fuel and energy sector, and focused on strengthening Hungary’s energy
security, as well as energy imports.

Russia maintains its position as Hungary’s largest
supplier of natural gas, conscientiously and accurately fulfilling its
contractual obligations every year, the Deputy Prime Minister emphasised.

“The fuel and energy sector holds a special place in
our bilateral trade and economic relations. We follow our obligations, and we
are interested not only in maintaining the current level of cooperation, but
also in its further development. In 2021, Russia’s gas exports to Hungarian
consumers remained at 5.9 billion cubic metres. In this context, the signing of
two new long-term contracts between Gazprom Exports and Hungarian partners for
4.5 billion cubic metres of gas per year until 2036 was important. This was
made possible by the completion of the Hungarian-Serbian gas pipeline and its
connection to Turkish Stream. Given the continuing shortage of gas in the
European market, this is especially important,” said Alexander Novak.

During the conversation, the parties also discussed
bilateral cooperation in supplying oil and power engineering products as well
as developing cooperation in peaceful nuclear energy, including construction of
the Paks 2 nuclear power plant.

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