Hungary could have saved billions by not buying gas from Russia
Hungary could have saved around HUF 265 billion (697 million euros) by not buying gas from Russia.
We received 4.3 billion cubic metres of gas from the Russians in the whole year. We paid a total of HUF 544 billion (EUR 1,432,546,520) for the 5.9 billion cubic metres delivered in 2021. In 2022, Hungary paid Putin nearly 4.5 times more for a quarter less, a total of HUF 2.4 thousand billion (EUR 6.32 billion). While this translates into an average price of HUF 92 (EUR 0.24) per cubic metre in 2021, by 2022, the price has increased to HUF 574 (EUR 1.51) per cubic metre.
The TF average showed that we could have saved HUF 35 billion (EUR 92,167,515) in December if we had not bought gas from Russia. In full-year terms, this would have been around HUF 265 billion (EUR 697,839,757) if we had bought from the free market.
According to Blikk, we are currently paying 7 percent more for Russian gas, but in November this figure was over 10 percent.
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Source: blikk.hu
4 Comments
But how could Victor say no to his pal? After all, it is not his money.
I’m sure there’ll be some folks happy that we overpaid.
Our Politicians are sort of good at overpaying for stuff. For the Good of our Sovereign Nation and Hungarian Families, of course!
But, could our Messiah and his grouppies still have pocketed just as much?
It will have been one of the conditions on Orbán being ‘democratically re-elected’. Putin owns Orbán and Orbán owes Putin!