Hungarys foreign minister has confirmed continued imports despite Brussels efforts to cut the supplies

Hungary has received assurances from Russia that deliveries of oil and gas under long-term contracts will continue despite efforts by the EU and Ukraine to disrupt them, Foreign Minister Peter Szijjarto said on Thursday at the St. Petersburg International Economic Forum (SPIEF 2025).

Hungary has opposed EU sanctions on Russian energy since the escalation of the Ukraine conflict in 2022, saying the imports are vital to national interests. The country has a long-term contract with Gazprom and receives the bulk of its oil and gas from Russia. Gas is mainly delivered via the Turkish Stream pipeline through Bulgaria and Serbia. Budapest is also working with Russia's Rosatom to expand the Paks Nuclear Power Plant.

The foreign minister was commenting on a proposal by the European Commission that would ban imports of Russian gas, including LNG, to the EU starting January 1, 2026. For landlocked countries such as Hungary, the cutoff would apply from early 2028.

According to Szijjarto, the heads of Russia's largest energy firms have signaled that they are ready to continue supplying Hungary with low-cost natural gas and crude oil despite challenges and restrictions.

"Agreed with Russian officials & energy company leaders to maintain our cooperation, despite efforts by Brussels & [Kiev] to undermine it," Szijjarto wrote on X. He made the statement after meetings with Russian First Deputy Prime Minister Denis Manturov, Deputy Prime Minister Aleksandr Novak, Gazprom CEO Aleksey Miller, and Rosatom Director General Aleksey Likhachyov.

Szijjarto said oil deliveries are ongoing, gas flows continue through the TurkStream pipeline, and the expansion of the Paks Nuclear Power Plant - known as Paks II - is progressing. "We won't let Brussels force [Hungarian] families to pay 2-4x more for energy," he added.

His remarks come as the European Commission has proposed ending all remaining Russian gas imports to the EU by the end of 2027.

Energy Commissioner Dan Jorgensen presented the plan on Tuesday, following approval from European Commission President Ursula von der Leyen. It includes a ban on new Russian gas contracts starting in 2026 and a full phaseout the following year.

The proposal faces opposition from Hungary, Austria, Slovakia, and reportedly from Italy. It is expected to be introduced as trade legislation, which would not require unanimous approval from all EU member states.

Szijjarto has called the plan "absolute insanity," warning it could cause fuel price hikes and undermine national sovereignty. Hungarian Prime Minister Viktor Orban has vowed to block the move.

(RT.com)