Shocking price difference between 1m³ gas in Germany and Hungary

In reply to a question, Gergely Gulyás, the prime minister’s chief of staff, said yesterday that the price of gas is 2.68 eurocents in Hungary, as against 23.78 eurocents in Sweden and 23.19 eurocents in the Netherlands.

While an average German family pays 1.4 million forints (EUR 3,465) a year for gas, the corresponding figure is 200,000 forints in Hungary, the prime minister’s chief of staff said.

Asked about what has changed in the gas market, Gulyás said that inexpensive Russian gas is no longer available. Although the new agreement concluded with Russia is more favourable than the previous one, the Hungarian government, as it did in the past, will not disclose further details, he said.

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Asked if the government plans to grant families further assistance in terms of utility prices, Gulyás noted that families with three children were eligible for an additional 600 cubic metres of gas at preferential prices and 300 cubic metres after each further child.

He said Hungary’s gas storage facilities were filled up with 3 billion cubic metres, corresponding to half of their capacities. If they are totally filled up, the total amount will cover residential consumption up until next April, he said.

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Source: MTI