Russia's top diplomat urges UN to assist in building fair and democratic worldRussian Politics & Diplomacy September 22, 8:53
Diplomat notes shift in attitude towards Russia's proposals at UN General AssemblyRussian Politics & Diplomacy September 22, 8:05
Kim Jong Un compares Trump’s speech to declaration of war, vows tough responseWorld September 22, 7:20
Washington accuses Russia and Syria of civilian casualties in airstrikes on Idlib, HamaWorld September 22, 7:17
US move to quit Iran nuclear deal to send wrong signal to North Korea — Russia’s UN envoyWorld September 22, 6:39
Moscow welcomes reform of UN’s anti-terrorism activities — LavrovRussian Politics & Diplomacy September 22, 3:53
NATO seeking to revive cold war-era climate — LavrovRussian Politics & Diplomacy September 22, 3:51
Situation in Syria gives grounds for cautious optimism — LavrovWorld September 22, 1:24
NATO secretary general comments on Russian military drillsWorld September 21, 21:34
MOSCOW, February 20. /TASS/. Hungary has postponed for 1-2 years the signing of a long-term natural gas contract with Russia, Hungarian Prime Minister Viktor Orban said in an interview published by the Kommersant daily on Friday.
"I think we’ve made the right decision not to conclude a new long-term agreement. Nobody knows the international market pricing. The market is very nervous today, the situation is constantly changing. We need to wait for a year or two until everything calms down — to be able to see on which terms we can negotiate long-term agreements. And so far gas redistribution will be settling our problems," he said, adding that "the current adjournment ensures gas supplies to Hungary for some 4-5 years."
A source close to Russia’s natural gas giant Gazprom told TASS previously that the negotiations on Gazprom contract’s prolongation with Hungary are currently at the initial stage and will take into account both sides’ demands.
Hungary plans to sign a new, 5-year contract on natural gas supply with Gazprom. Hungary currently pays $260 for 1,000 cubic meters of supplied gas.
During Russian President Vladimir Putin’s visit to Budapest on February 17, the sides agreed that it was possible to give up the "take or pay" principle in gas supplies and also reduce the volume of obligatory gas intake under the contracts.