"Going it alone", the European country has "broken the barrier", determined not to give up good cooperation with Russia.

Recently, Hungarian Foreign Minister Peter Szijjarto said that his country and Russia have resolved most of the payment issues caused by US sanctions against Gazprombank.

Hungary has a long-term contract with Gazprom and receives most of its gas from Russia. (Source: Izvestia)

In November, the US announced it was “freezing” payments for Russian natural gas and transit fees, disrupting gas supplies to Hungary and Slovakia.

"We have found a solution," Mr Szijjarto told the Hungarian parliament .

He said the decision by the world's largest economy would seriously affect payments that Hungary had processed through Gazprombank, including: Natural gas purchased under contracts from Gazprom, transit fees through two neighboring countries, and Moscow's fuel for the Paks Nuclear Power Plant.

The Hungarian Foreign Minister was in Moscow earlier this week, where he held talks with Deputy Prime Minister Aleksandr Novak and representatives of Russian energy companies.

The diplomat told lawmakers that his counterparts had assured him that Moscow was interested in continuing gas supplies and maintaining existing agreements with Budapest.

"Sanctions, energy and finance lawyers are working out the best way to overcome the current situation," Minister Peter Szijjarto stressed.

Washington's sanctions are seen as an attempt to pressure Central and Southeastern European countries to abandon Russian energy in favor of more expensive US exports.

"We have no intention of giving up our good cooperation with Russia. We do not know any energy source that is safer and more competitively priced," the Hungarian foreign minister said.

Hungary has a long-term contract with Gazprom and receives most of its gas from the birch country.

As of the end of October, Budapest imported more than 6.2 billion cubic meters of Russian natural gas, compared with 5.6 billion in 2023 and 4.8 billion in 2022.

Gas mainly comes through the Turkish Stream pipeline and its branches running through Bulgaria and Serbia.

President Putin's next energy payment to his country is due on December 20. Budapest said it would try to find a solution in time.

Source: https://baoquocte.vn/mot-minh-mot-ngua-quoc-gia-chau-au-da-pha-rao-quyet-khong-tu-bo-su-hop-tac-tot-dep-voi-nga-296229.html