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Benzinga
Benzinga
Business
Akanksha Bakshi

Hungary Deepens Energy Ties With Shell As Russian Reliance Persists

Shell.Oil

On Tuesday, Shell PLC (NYSE:SHEL) agreed to sign a new long-term natural gas purchase deal with Hungary, which the country's foreign minister called its "largest volume and longest western supply contract ever."

The agreement was confirmed in remarks reported by Reuters, which cited Foreign Minister Peter Szijjarto saying the signing would take place later in the day. He did not disclose the contract's length or volumes.

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