Overview
- Hungarian Prime Minister Viktor Orban said in Istanbul that President Recep Tayyip Erdogan agreed Turkey will guarantee the route for Russian gas to reach Hungary via TurkStream.
- Hungary reports receiving about 7.5 billion cubic meters of Russian gas so far this year and expects roughly 8 bcm in 2025 through the TurkStream corridor.
- Foreign Minister Peter Szijjarto hailed a new Russian decree extending permission to pay for gas in rubles at banks beyond Gazprombank until April 1, 2026, calling the option free of sanctions burdens.
- Budapest cites continuing challenges from EU institutions and Ukraine to its energy security and, alongside Turkey, condemned recent attacks on pipelines and Black Sea tankers.
- Hungary points to recent understandings in Washington, Moscow and Ankara, including last month’s U.S. waiver, as the framework ensuring uninterrupted oil and gas supplies.