“Due to extreme price fluctuations, MVM has entered into an agreement with Gazprom to defer payment for gas,” the company said in a statement.

It is specified that the authorities asked for a delay, as they intend to optimize funding for the coming winter period.

Earlier, Hungarian Foreign Minister Peter Szijjarto announced the signing of an agreement with Gazprom on the supply of an additional 5.8 million cubic meters to the country from September 1.

m of gas daily via Turkish Stream and Serbia.

Szijjarto also said that Hungary's demand for blue fuel cannot be physically met without Russian gas supplies.