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Hungary seeks alternative with Russia in the face of possible gas ban

Budapest, July 24 (Prensa Latina) Hungary is willing to cooperate with Russian energy companies to guarantee supplies if the European Union (EU) bans gas from that country, Foreign Minister Peter Szijjarto said.

In statements cited by local radio station Kossuth, the official stressed that Budapest will act to protect its energy security.

“I will find solutions with Russian partners, as Brussels cannot compromise our stability,” he affirmed.

Szijjarto revealed that during the St. Petersburg Economic Forum, he confirmed the commitment of Russian companies to maintain shipments to Hungary even under European restrictions.

The EU plans to ban spot purchases of Russian gas starting January 2026 and will require member states to completely put an end to such supplies by the end of 2027.

Hungary has already rejected a European Commission project to completely eliminate imports of Russian oil and gas by 2028, calling it unfeasible and harmful.

Analysts point out that Budapest is prioritizing its national interest over sanctions, while Moscow remains its main energy supplier.

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