EconomyRussian gas costs, rising demand and Europe: what is known
Russia and Serbia are still negotiating future gas supplies and a long-term contract, with Moscow saying it will honor existing agreements. Hungarian Prime Minister Peter Magyar said his government does not consider Russian gas cheap and is seeking alternatives at favorable prices. EU imports of Russian LNG totaled about 16.5 billion cubic meters in the first nine months of the year, while Russian pipeline gas supplies to Turkey also rose.
Russian gas costs, rising demand and Europe: what is known