Prime Minister Viktor Orbán and President Vladimir Putin agreed that Hungary can use the amount of gas which has not been consumed so far, within long-term gas contracts due to expire this year. Also, Hungary will pay for the amount it actually consumes. “We have firmly secured energy supply for Hungarian families and have also guaranteed the operation of Hungarian industry,” the Prime Minister said.
Following negotiations, economic cooperation agreements were signed which, according to the Prime Minister, perfectly serve the interests of Hungary. Five bilateral agreements were signed by the Hungarian and Russian delegations on regional, healthcare and higher education cooperation, training in energy matters and the opening of a consulate in Kazan.
Mr. Orbán urged settlement of the relationship between the EU and Russia. He stressed that it is not reasonable to exclude Russia from Europe and it is in the interest of both Hungary and Europe to solve the issue in a methodical and reasonable way. It is only together with Russia that the security of the region can be established, and much negotiation is needed for that; he added that the ceasefire agreement reached in Minsk is a good bases for this.
Talking about the negotiations, President Putin said that extending Russian-Hungarian cooperation does have potential, as Russia is an important partner of Hungary. One of the main reasons for the meeting, however, was that over the last year trade relations between the two countries have decreased. “We have established a number of intergovernmental committees that will be tasked with overcoming these difficulties and finding solutions by exploiting regional cooperation,” Mr. Putin said.
Concerning further energy policy cooperation, Mr. Putin said that he is hopeful that parts of what has been established together with Hungarian partners within the South Stream project can be utilised in the Turkish Stream project. He emphasised that they support oil extraction by MOL in Russia and that the country is still ready to enter into a partnership on transportation of Russian energy resources.
President Putin thanked Hungary for remembering fallen Soviet soldiers with respect and honour, and he invited Prime Minister Orbán to the commemoration ceremony to be held on the 70th anniversary of the end of World War II.
(Prime Minister’s Office)
Courtesy of The Hungarian Government
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