Portfolio: Russia's Gazprom looks at ways to store natural gas in Hungary

Russian gas mammoth Gazprom is examining ways to keep natural gas in Hungarian underground storage units, government daily newspaper Rossiyskaya Gazeta reported on Tuesday.

Sergei Kupriyanov, spokesman for Gazprom, told the paper that although "it is not a big investment project, this is a good co-operation and we will keep working towards this deal," Hungary’s state-owned newswire MTI reported today.

The paper asked experts what possibilities Russia has to "play the gas card", as Russia’s natural gas resources and its exports look like a card game, the author noted.

Taras Fomchenkov reminded that Gazprom CEO Alexei Miller has declared that Turkish Stream, the gas pipeline planned to be built on the basis of an agreement between Moscow and Ankara is the only route to ship 63 billion cubic metres of gas from Russia.
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