Preparing for a possible shutoff of Russian gas through Ukraine next January

Preparing for a possible shutoff of Russian gas through Ukraine next January, Hungary, and Gazprom concluded an agreement Friday to fill to capacity Hungary’s newly expanded 6.3 billion cubic meter storage reservoirs. “A situation might arise when Russia will no longer supply gas to the European continent via Ukraine — we have to prepare for this scenario,” Péter Szijjártó, Hungary’s Foreign and Trade Minister, said after meeting in Moscow with Alexei Miller. “Today, the CEO of Gazprom and I have concluded an agreement that Gazprom will ensure gas supplies to Hungary, regardless of whether a transit agreement is concluded between Russia and Ukraine.”