EconomyLNG market crisis leaves Hungary struggling to replace Russian gas, expert says
Alexey Belogoryev of the Institute for Energy and Finance said constrained LNG supplies, including the absence of major volumes of Qatari gas, have left Hungary and other EU countries short of imports. Hungary could seek alternatives if the Strait of Hormuz crisis ends, but changing suppliers and routes would pose risks and take time. Prime Minister Peter Magyar said the government would pursue alternatives for favorable prices.
LNG market crisis leaves Hungary struggling to replace Russian gas, expert says