In 2018, Hungary increased its gas imports from Gazprom by 9.3 per cent, up to 7.6 billion cubic meters. Gazprom’s gas supplies to Hungary continued to grow in early 2019. According to preliminary data, Gazprom supplied the country with 1.3 billion cubic meters of gas between January 1 and March 20, which is 12.1 per cent more than in the same period last year.

GAZPROM - Gazprom had supplied Hungary with 5.4 billion cubic meters of gas from January 1 to September 15, 2018, an 8.6 per cent rise from the same period of 2017.

IMF - Hungary has achieved several years of strong growth and substantially reduced its external debt. Growth is expected to be around 4 percent in 2018, similar to last year. This strong expansion has been supported by private consumption and EU funds-related investments.

In the first nine months of 2017 Gazprom had supplied to Hungary 5.5 billion cubic meters of gas, an increase of 26.9 per cent, or 1.2 billion cubic meters, against the January-September period of 2016.

Energy ministers from Russia and several countries in Central & Eastern Europe (CEE), chamber of commerce heads and other high level speakers gathered in Budapest, Hungary on 16 September to grapple with energy security issues at the Gas Dialogues event Development and Use of Natural Gas in the Danube Region: Prospects and Opportunities.

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