Hungary, Russia's Gazprom expected to sign new long-term gas supply deal on Monday – Hungary foreign ministry

© Reuters. FILE PHOTO: The logo of Gazprom company is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 2, 2021. REUTERS/Evgenia Novozhenina/File Photo

BUDAPEST (Reuters) – Hungary’s foreign minister and the head of Russian gas giant Gazprom (MCX:) are expected to sign a new long-term gas supply deal for Hungary later on Monday in Budapest, an invitation from the foreign ministry showed.

Alexei Miller, boss of Russian supplier Gazprom (GAZP.MM), is in Budapest for a visit on Monday, with the signing ceremony due at 1200 GMT.

Hungary said at the end of last month that it had agreed with Russia on all the conditions for a new long-term gas supply deal to take effect from Oct. 1. nL8N2Q12CR

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