Hungary Concludes New Long Term Natural Gas Contract with Gazprom
Hungary, which has long relied upon the Ukraine and its Bratsvo pipeline for natural gas supplies, has recently begun to diversify its sources of gas. To this end it has entered into negotiations with Russia, and according to Reuters, a new 15 year supply contract will be signed by the end of September, stipulating that Gazprom shall ship 4.5 bcm of natural gas to Hungary: 3.5 billi