PM Orban: Russian Energy Remains the Foundation of Hungary’s Energy Supply

Budapest: PM Orban praised the stability and predictability of Russian energy deliveries and underlined Hungary’s strong interest in maintaining bilateral cooperation in the sector. He noted that energy issues would be among the key topics in his meeting with President Putin.

According to About Hungary, PM Orban expressed that Ukraine’s ongoing conflict has significantly impacted Hungary, leading to substantial economic losses and hindering economic growth across Europe and Hungary. This marked his 14th meeting with the Russian leader as head of government, where he expressed hope for continued strengthening of cooperation between the two nations.

PM Orban emphasized Hungary’s sovereign foreign policy and its unyielding cooperation with Russia, despite external pressures. He reiterated Hungary’s commitment to peace efforts, expressing readiness to host peace talks and contribute to their success. President Putin appreciated Hungary’s positive response to the idea of an American-Russian summit in Hungary, in
itially proposed by U.S. President Donald Trump.

President Putin expressed satisfaction with the endurance of bilateral relations amidst global challenges, highlighting the pragmatic foundation of these ties. He praised PM Orban’s representation of Hungarian interests and acknowledged Hungary’s balanced stance on the Ukraine conflict. While bilateral trade had decreased by 23 percent last year due to external restrictions, Putin noted a recovery with a 7 percent growth this year, emphasizing the importance of cooperation in the energy sector.