• Coronavirus in Hungary
  • coronavirus
  • Budapest
  • Covid immunity certificate in Hungary
  • Covid immunity certificate/vaccine passport
  • Hungary border control
  • HelloMagyar
Russian gas supplies will be cut off for a week in HungaryRussian gas supplies will be cut off for a week in HungaryRussian gas supplies will be cut off for a week in HungaryRussian gas supplies will be cut off for a week in Hungary
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Support us
Szijártó Hajnalka Szijártó Hajnalka · 21/06/2022
· Business

Russian gas supplies will be cut off for a week in Hungary

energy EU sanctions against Russia Europe Germany Hungarian economy Hungary Russia
Oil and gas pipe

Photo: FB

As the Turkish Stream pipeline is being maintained, from 21 June, gas supplies will be cut off for a week. Russian gas is sent through that pipeline, therefore, Hungary is seriously affected by this decision. 

The importance of the Turkish Stream

Turkish Stream is one of the most important routes for Russian gas to Europe. The pipeline has a capacity of 31.5 billion cubic meters per year, half of which runs to the Turks and the other half to the Balkans and Eastern Europe. – reports g7.hu. A significant part of Russia’s gas imports have arrived in this way to Hungary, too. Last September, the two countries agreed to replace most of the former Ukrainian transit with this route. At that time, there was even a conflict about this between Ukraine and Hungary.

How much gas will Hungary lose?

Serbia is also affected due to the maintenance of the pipeline. As the gas transported by pipeline under the Black Sea crosses the Serbian-Hungarian border at Kiskundorozsma, Hungary also falls victim to the decision. More than a third of all the gas supply to Hungary has come from Serbia. – writes 24.hu. Therefore, this is the amount that will be lost for a week.

fuel Hungary foreigners price cap
Read alsoHungarian petrol stations in huge trouble over fuel price cap extension!

Is it possible to replace the imports?

There may be a way to replace imports from the south. If there is enough gas on the market, Ukraine, Slovakia, Romania and Croatia could provide solutions. In addition, it is also possible that transit through Ukraine will get back on track. Since the outbreak of the war, imports stopped completely from that direction. However, some gas has been found again in Beregdaróc.

Not only Hungary is affected

This issue with the Turkish Stream does not only have consequences in Hungary but in entire Europe. With roughly one-eighth of all European imports coming from this direction, the Turkish Stream is also an important route for other European countries. The timing is also really unfortunate because the North Stream has just collapsed, too. The pipeline transporting gas to Germany under the Baltic Sea has received just over a third more gas in recent days than previously used to. In this case, Gazprom even blamed Germany for what happened. According to the Russian company, the reduction in circulation was necessary because the maintenance work carried out by German Siemens was late. However, Germans deny this argument.

orbán
Read alsoOrbán calls for EU candidate status for Ukraine and three other countries

Source: g7.hu, 24.hu

energy EU sanctions against Russia Europe Germany Hungarian economy Hungary Russia
Share
Szijártó Hajnalka
Szijártó Hajnalka

Related posts

City of Szécsény, Hungary
28/06/2022

Support for local councils to increase next year, says Hungarian finance minister


Read more
national bank of Hungary -mnb nbh
28/06/2022

Hungarian central bank has raised interest rates by a huge amount


Read more
Fuel cap in Hungary
28/06/2022

700 filling stations run out of some fuel types every week in Hungary


Read more

1 Comment

  1. Mindboggling : says:
    21/06/2022 at 18:39

    Mindboggling arrangement.
    Could be more than meets in eye in this explanation.
    Thankfully its Summer, but Winter, when it arrives, what will the Gas supply picture be to Hungary.
    Obebience to the Kremlin, will possible see Hungary not harmed by a shortage of gas, but time will tell.

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.


Latest news
  • What happened today in Hungary? – June 28, 2022
  • Support for local councils to increase next year, says Hungarian finance minister
  • Guess which top hit US reality show has Hungarian cast members!
  • Hungarian central bank has raised interest rates by a huge amount

About us

Contact us

© 2022 DailyNewsHungary. All rights reserved!
Posting....