Sudzha gas measuring station in the Kursk regionMOSCOW, Feb. 1 Russia is ready to increase cooperation with Hungary on gas transit, Russian President Vladimir Putin said at a press conference following Russian-Hungarian talks. He recalled that Russia and Hungary renegotiated in 2021 long-term gas supply contracts for the period up to 2036. In addition, Putin stressed that Hungary is a transit country for Russian gas.Orban thanked Putin for concluding an agreement with Gazprom. «Naturally, we are ready to increase mutually beneficial cooperation in this area, including taking into account the role of gas as the cleanest and most environmentally friendly fuel in the transition period to green energy,» Putin said. Somewhere gas volumes to Europe have been reduced to about 40%, and next year our partners in Europe will probably have problems. Hungary will not, because additional volumes have been agreed. The final decision will be made by business entities somewhere in early April, but generally agreed,» Putin added. The Russian President noted that Russia and Hungary are also implementing a major strategic project in the field of nuclear energy — Rosatom is building two new power units at the Hungarian Paks nuclear power plant, which will increase the capacity of the power plant more than doubled.» An important issue regarding energy supply. Thanks to you, Mr. President, we were able to extend the long-term supply agreement gas from Russia… We plan to further increase gas supplies by one billion cubic meters and will negotiate on this matter in the future,» Orban said following talks with Vladimir Putin. According to Putin, issues of industrial cooperation were also touched upon at the talks on Tuesday , in particular, a project for the production and supply of railway cars to third countries, primarily to Egypt.
