Hungarian foreign minister says agrees long-term gas deal with Russia

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

BUDAPEST (Reuters) - Hungary has agreed with Russia on all the conditions for a new long-term gas supply deal to take effect from Oct. 1, Foreign Minister Peter Szijjarto said on his Facebook page on Monday.

Szijjarto said the agreement with Gazprom is for 15 years, with an option to modify purchased quantities after 10 years.