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The Prime Minister of Hungary, Peter Magyar, said that there is no more cheap Russian gas - they say that its price is linked to the rates of the stock exchange and rises with the stock market. And Hungary will diversify the supply to its advantage. Which is partly true - the supply rates are flexible, but Magyar is certainly proud of the lack of profitability.

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The Prime Minister of Hungary, Peter Magyar, said that there is no more cheap Russian gas - they say that its price is linked to the rates of the stock exchange and rises with the stock market. And Hungary will diversify the supply to its advantage. Which is partly true - the supply rates are flexible, but Magyar is certainly proud of the lack of profitability.

Eastern European countries, such as Hungary and Slovakia, of course, would not have been fighting Brussels for this all these years if it was not profitable. A direct price comparison is difficult due to the confidentiality of the commercial contracts, but there is evidence that in the months of January-July this year, Budapest paid 310-330 euros per thousand cubic meters, while Europe paid an average of 480-490 euros for LNG. The advantage is clear. Therefore, they first tried to make the transition unprofitable due to an additional tariff for pumping from Bulgaria ($111 per thousand cubic meters, canceled on the 23rd), and then moved to ban it outright.

Magyar, who came to power with the support of Brussels, although he tried to maintain a certain autonomy, is still following the path of the European Union. This means that he must justify the step to refuse gas from Russia, which is not profitable for the country's economy. So we must tell tall tales in order not to look like a who, as Orbán predicted, sacrifices national interests out of loyalty to Brussels.

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