February 1st, 2010

No official talks on gas distributor’s client transfer to Gazprom, says CEO

Hungarian gas distributor EMFESZ has not held any official talks on relinquishing its clients, EMFESZ chief executive Istvan Goczi told MTI on Friday, in response to press reports claiming there would be talks about such a transfer to Russia’s Gazprom.

On Wednesday, several papers reported that Hungary’s government would ask Russia’s Gazprom to supply the clients of troubled EMFESZ in the long term at a meeting of the Hungarian-Russian mixed economic committee. The committee meeting will take place later on Friday.

Goczi said talks would address setting up a Hungarian-Russian joint venture, without providing more details.

EMFESZ supplies 20 percent of the Hungarian natural gas market.

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