An agreement was reached that even if there is a gas cap in Europe, it will not affect the long-term contracts, without which Hungary's gas supply would become impossible overnight. 

Viktor Orbán logged into his Facebook page at two in the morning. That was the end of the first day of the EU summit. As the Prime Minister wrote:

the most important issue, the issue of energy, was closed.

"The committee's energy proposals posed the biggest threat to Hungary. By accepting them, we would have risked that gas deliveries to Hungary would stop within a few days. We have successfully averted this threat today. We were not left alone, so we managed to win a fair agreement," said the Prime Minister.

The following revealed that the agreement means exemptions for Hungary similar to the May oil agreement: an agreement was reached that even if there is a gas cap in Europe,

it will not affect those long-term contracts, without which Hungary's gas supply would become impossible overnight.

Furthermore, it was also achieved that even if there is joint gas procurement in Europe, it will not be mandatory for Hungary. As a result, all purchasing options remain open to us. "This is important, because we can only lower the price of energy in our country if there are as many sources as possible, the greater the competition on the Hungarian energy market," wrote Orbán.

Featured image: MTI/Council of Europe/Dario Pignatelli