Ukraine has signed a gas agreement with Hungary.

The GTS operator of Ukraine and the GTS operator of Hungary FGSZ have concluded an agreement providing for the supply of a guaranteed amount of natural gas in the direction Hungary-Ukraine from January 1, 2022. According to General Director of GTS Ukraine Operator Serhiy Makogon, the most crucial thing in this agreement is creating opportunities for domestic traders to access gas from the LNG terminal on the island of Krk (Croatia) diversify sources of gas supply to Ukraine. “This is an important step to increase security and new opportunities for traders from Ukraine and Europe”, said Makogon on his Facebook page.