The EU has increased the import of Russian gas, and Hungary is preparing to use the Turkish Stream for this.
According to Energy Intelligence, Russian pipeline gas exports to Europe continued their recent upward trend in the first half of August. And average daily flows reached the highest level since August 2022. Cumulative flows through the two available gas pipeline routes from Russia to Europe (without Turkey) in the first half of August increased by 6% compared to the first half of July – up to 1.36 billion cubic meters.
At the same time, Hungary seeks to diversify the supplies that come to the country in transit through Ukraine using the Turkish Stream, said the Minister of Foreign Affairs of Hungary, Peter Sijarto.
“It is crucial to have the Turkish Stream gas pipeline because it has a throughput capacity of 8.5 billion cubic meters towards Hungary, and it can completely take the entire volume of gas coming from Russia under a long-term contract,” Szijarto said. Hungary receives gas from Russia under a 15-year contract signed in 2021.