Seven EU countries received Russian gas cheaper than Hungary
Newly released data from Eurostat provides a detailed snapshot of the European Union’s natural gas imports in March, revealing a fascinating market landscape that challenges widely held assumptions, particularly regarding the cost and volume of Russian gas. The figures show a diverse set of suppliers and varying price points, undermining claims that Moscow offers the most economical energy source for countries such as Hungary.
Gas imports
As Népszava writes, according to Eurostat figures, EU member states imported a combined 24.5 billion cubic metres of natural gas in March, 9.5 billion via pipelines and 15 billion in liquefied natural gas (LNG) form. The total spend amounted to EUR 9.8 billion, with LNG generally slightly cheaper per cubic metre than pipeline gas. The largest LNG supplier was the United States, accounting for 7 billion cubic metres sold for EUR 2.8 billion. This placed the US ahead of Algeria and Russia in total volume, as countries across the bloc continued to diversify their gas portfolios.
Russian gas in the EU
Russia remained a significant, though not dominant, player, delivering 3 billion cubic metres of gas to the EU for a reported EUR 1.2 billion. France led EU buyers of Russian gas, importing 1.1 billion cubic metres, followed by Hungary with 545 million. Spain, Belgium and the Netherlands also made purchases. Interestingly, Slovakia acquired only a minimal amount, likely a consequence of the suspension of Russian gas supplies to Ukraine earlier this year. The data suggest that while Russian gas remains part of the European mix, its market share continues to decline amid geopolitical and pricing considerations.
Different prices
In terms of pricing, the notion that Russian gas offers the cheapest option is increasingly questionable. As Népszava highlights, Hungary paid an average of HUF 182 per cubic metre for Russian gas, well above the EU average of HUF 155 and significantly higher than prices from suppliers like Qatar (HUF 153) and even the United States in some cases. Notably, LNG from Nigeria was the cheapest at HUF 110, and domestic sales in Spain saw prices as low as HUF 65. The data suggest that economic decisions around gas imports are influenced not just by price, but also by infrastructure, political strategy, and supplier diversification.
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Featured image: depositphotos.com
If true … Well negotiated by our Politicians. But that is what friends are for!
Cynical perhaps – where did the Delta go? Russian margin or other?
If FACTUAL.
Truth is TRUTH.
The FEAR word of Orban and his Fidesz Government.
Hungarians have been post the commencement of the war on the Ukraine by Russia, the “heads” of Hungarians being FILLED with “mis-truth” – the fabrication of TRUTH, by Orban and his Govdernment on this Hungary/Russia “deal”.
Hungary under Orban – have gone against the European Union “position” with member countrys on the Russian gas supply.
This could be another example through Hungary not COMPLYING to the “spirit” of the European Union – that adds another “nail in the coffin” to the Orban led Fidesz Government of Hungary with the European Union.
Hungary – we want PEACE.
Hungary – we won’t JOIN in – comply – to all the Sanctioning on Russia.
Hungary – we will NOT be part of the European Union adapted and supported by the other 26 countrys of the European Union.
Hungary – BLATANT again if this article is TRUTH and FACT – in over there heads being the “gofer” to Putin’s Russia.
Hungary, through Orban and his Fidesz Government have NO friends in Europe, in the European Union and GLOBALLY with countrys that are Governmend under DEMOCRACY.
Hungary is NOT a DEMOCRACY.
Victor Orban pointed and aimed at HIM directly and correctly is referred to as the “Judas” of DEMOCRACY.
Hungary – what has Orban and his Fidesz Government, what have they DELIVERED us as a country we represent to-day ???
Orban and the Fidesz Party have DESTROYED in the name of our country being afforded any – Respect & Trust.
Hungary, we as a country millions of civilians living in “desperate” financial TIGHTNESS – day to day living.
Hungary, an “ageing” decreasing population that has 1.2 million Hungarians living in POVERTY.
Orban and his Fidesz Government have DELIVERED us as a country that represents a cataclysmic DISASTER economically and financially.
Hungary under Victor Orban and his Fidesz Government are a DEBT “riddled” Government and gargantuan DEBT not forgetting in FINES outstanding that are compounded Debt increasing daily in millions to the European Union.
Orban – the Fidesz Government HAVE no money – NOTHING to INVEST into the present and FUTURE of Hungary.
If the subject of this article is Truth & FACT – it would be ANOTHER lie – that has been SPREAD out into the civilians population of Hungary by the Orban – Fidesz Government of Hungary.
It ALL Worsens.
There will be just one WINNER and that WILL be DEMOCRACY and not the Political “path” that Orban and his Fidesz Government have PURSUED in the years of there Governance of Hungary that has culminated in being a DISASTER.
Spring of 2026 – the POWER of the people of Hungary seeking, there WANT of Change, there want and hope of a FUTURE that our growing numbers in MILLIONS – in Solidarity will see the DOWNFALL the OUTING of the Name Victor Orban and the Fidesz Government of Hungary.
In the months to spring of 2026 overall picture in Hungary will WORSEN.
We must grow in Unity, in Solidarity that NEVER, never see’s us SILENCED in our cause to see our country having a FUTURE and not be “threatened” to perish – that is a possibility – if we don’t “rid” do away with the name – Victor Orban and his Fidesz Government – in the Spring of 2026 – at LATEST.