Current Events

Russia’s Grip Tightens on the European Union’s Gas Taps

EUROPE RENAISSANCE To survive we desperately need support. Simple online transfers from EU/UK accounts or Wise transfers. Contact editor euroman_uk@yahoo.co.uk

Over the next 15 years, long-term Russian gas supplies to Hungary will avoid transit through Ukraine, a key point behind Monday’s agreement reached by the Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó and Gazprom CEO Alexei Miller in St. Petersburg.

‘An agreement has been reached on every detail of another long-term gas purchase from Russia,’ Szijjártó said after the meeting with Miller.

‘We agreed on all the issues, we shook hands, so all that is left is the wording. This will take place in September, and we will sign by the end of the month,’ Szijjártó said. They also managed to agree on the price, which, according to the minister, is much more favourable than what the Hungarian side paid on the basis of the expiring contract concluded in 1995.

‘This makes it possible to maintain the results of the overhead reduction, i.e., to ensure that Hungarian consumers continue to pay one of the lowest heating bills in Europe. All this means that we have fulfilled what we promised: Hungary’s gas supply will remain predictable and secure in the long run,’ Szijjártó said.

Based on this contract, gas transmission to Hungary will start from Oct. 1. Szijjártó said that the agreement is for ten plus five years, with the option to modify or, if necessary, reduce the quantity purchased after the initial ten years. The contract covers the purchase of 4.5 billion cubic meters of gas per year, which Gazprom will supply to Hungary on two routes: 3.5 billion cubic meters from the south, via the Serbian-Hungarian interconnection, which will be operational from Oct. 1, and 1 billion cubic meters from Austria.

This means that no gas will arrive from Ukraine for use in Hungary from October, at least within the framework of this contract. However, this does not mean that the gas pipeline through Ukraine will be shut off, as Gazprom will have to supply other western clients via this route as well as through Hungary.

Ever since the memorable incident on Jan. 1, 2009, when provoked Russia stopped sending gas through Ukraine for ten days, Moscow has been keen on minimising its reliance o n transit through Ukraine in its gas deliveries to Europe.

Hungary’s annual natural gas consumption, which accounts for around 44 percent of its total energy consumption, is around 10 billion cubic meters, 73 percent of which currently comes from Russia. Last year, Prime Minister Viktor Orbán said that Hungary’s aim was to reduce the ratio of Russian imports to below 50 percent.

Title image: MTI/Tibor Rosta.

PLEASE: We can only bring these vital stories to public notice if we receive financial support. Please contact Michael Walsh at euroman_uk@yahoo.co.uk

Think your friends would be interested? Share or reblog this story!

MICHAEL WALSH is a journalist, broadcaster and the author of RISE OF THE SUN WHEELEUROPE ARISE TROTSKY’S WHITE NEGROESMEGACAUST,  DEATH OF A CITYWITNESS TO HISTORY, THE BUSINESS BOOSTERTHE FIFTH COLUMN VOLUME I and IIFOR THOSE WHO CANNOT SPEAKIMMORTAL BELOVEDTHE ALL LIES INVASIONINSPIRE A NATION Volume IINSPIRE A NATION Volume II , SLAUGHTER OF A DYNASTY , REICH AND WRONG,  THE RED BRIGANDSRANSACKING THE REICH ,    SCULPTURES OF THE THIRD RIECH: ARNO BREKER AND REICH SCULPTORS  SCULPTURES OF THE THIRD RIECH:  JOSEF THORAK AND REICH SCULPTORS ,   SCULPTURES OF THE THIRD REICH VOLUME III Porcelain and Reich Sculptors, The Exiled Duke Romanov Who Turned Desert Into Paradise , THE DOVETAILS , SEX FEST AT TIFFANY’STHE AMOROUS GHOST AND ENCOUNTERS and other book titles. These illustrated best-selling books are essential for the libraries of informed readers.

MICHAEL WALSH NOVELS

The revenge of a predator is a city-vigilante epic better than Death Wish A LEOPARD IN LIVERPOOL , 55 lavishly illustrated first-hand stories by a Liverpool sailor THE LEAVING OF LIVERPOOL, Latest Killer-Thriller From Michael Walsh the City Vigilante Supremo The Stigma Enigma , A powerful thought-provoking paranormal romance The Soul Meets, How to form a naughty ménage a trois THE DOVETAILS and SEX FEST AT TIFFANY’S.

THE AMOROUS GHOST AND ENCOUNTERS Michael Walsh. A novel but not a work of fiction. Drawing on his real-life and location experiences this romantic-supernatural biography will ravish the reader. A page-turning terrifying white knuckle ride because these are his real-life apparitional experiences. AMAZON/KINDLE

Latest Michael Walsh bestsellers: Those who fall victim to the taxman, banks and moneylenders are victims of legalised mugging  DEBTOR’S REVENGE, The Business Booster shows you how to double your profits not your workload THE BUSINESS BOOSTER 

MICHAEL WALSH is a journalist, author, and broadcaster. His 70 books include best-selling RHODESIA’S DEATH EUROPE’S FUNERAL, AFRICA’S KILLING FIELDS,  THE LAST GLADIATORS, A Leopard in Liverpool, RISE OF THE SUN WHEELEUROPE ARISE, FOR THOSE WHO CANNOT SPEAK, THE ALL LIES INVASIONINSPIRE A NATION Volume IINSPIRE A NATION Volume II, and many other book titles. These illustrated best-selling books are essential for the libraries of informed readers.

The author’s books available for purchase by visiting his website BOOKSTORE, and POETRY  links.

We are in debt to our donors who finance the distribution of spin-free real news and fearlessly expressed views.

BUY FROM AUTHOR

MEGACAUST Michael Walsh. R. J. Rummel,   Power Kills: Genocide and Mass Murder (Journal of Peace Research) 164 million people have been killed in cold blood this century by Capitalist / Communist governments. 

SLAUGHTER OF A DYNASTY  Michael Walsh. Covertly sponsored by Wall Street banks and the White House Bolsheviks seized Tsarist Russia (regime change). For 36 years news of Bolshevik atrocities and 70 million martyred Christians were censored by Western media.  Lavishly illustrated, this expose reveals secrets removed from Western history books.

When ordering the book contact Michael Walsh by email euroman_uk@yahoo.co.uk to receive your signed copy.

KEEP REAL NEWS OPEN: Donate by using Western Union, MoneyGram, Ria, registered mail or contact Michael Walsh: keyboardcosmetics@gmail.com or euroman_uk@yahoo.co.uk 2) Follow our blog. 3) Share our stories and 4) buy our author-signed books. 5) Receive free newsletters by writing subscribe to euroman_uk@yahoo.co.uk

BOOKS THAT CHALLENGE, INSPIRE, INFORM Michael Walsh, ‘Writer of the Year’ with a strong global following. Nearly 70 interesting Amazon book titles famed for changing and improving lives. CLICK TO VIEW

www.mikewalshwritingservices.wordpress.com

New stories every day!

EUROPE RENAISSANCE

https://europerenaissance.wordpress.com/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s