GENERICO.ruWorldHungarian Foreign Minister: the country's economy without Russian gas will be destroyed

Hungarian Foreign Minister: the country's economy without Russian gas will be destroyed


Workers at a gas distribution station in Hungary. File photoWASHINGTON, May 21.Hungary's economy will be destroyed in the absence of gas supplies from Russia, Foreign Minister Peter Szijjártó said in an interview with Fox News.

"Our economy will be destroyed without Russian gas. Not to mention the fact that for the technological transformation of our enterprises in order to process other types of oil and gas, in addition to Russian ones, we will need additional investments in the amount of 550 million euros" the volume of necessary investments to solve such a problem could amount to about one billion euros. Szijjarto also stressed that in the absence of access to oil from Russia, it would be “physically impossible” for his country to import energy resources in sufficient quantities from other sources. After the start of a special operation to demilitarize and denazification of Ukraine, the West stepped up sanctions pressure on Moscow. Many countries have announced the freezing of Russian assets, and calls to abandon energy sources have become louder. All this has already turned into problems for the US and Europe, provoking an increase in prices for fuel and products.

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