The Hungarian government does not consider Russian gas prices to be low and is looking for other suppliers to import it at the best price, Hungarian Prime Minister Peter Magyar said.
Speaking to ATV TV about his governments efforts to diversify energy imports, Magyar said: "Contrary to the claims of the previous government [led by Viktor Orban], the gas coming from Russia is actually not cheap at all. " "All prices are related to the exchange of quotations, which is why there is no such concept as 'cheap Russian gas'. Its cost is linked to the price at the TTF gas hub, Magyar continued, referring to the title transfer facility, the Netherlands-based virtual trading platform that serves as the main price index for the European natural gas market.