Small landlocked states, including Hungary, require increased European Union funding to reduce their reliance on Russian gas, according to Hungary's Deputy Secretary of State for Energy Security, Csaba Marosvári.

Hungary's energy security chief on Wednesday slammed the European Union for not providing enough support to help smaller, landlocked countries move away from Russian natural gas. Csaba Marosvari, Hungary's deputy state secretary for energy security,

The European Commission announced on Wednesday it will move to subtract Hungary's 200 million euro fine from the country's EU funds, European Commission spokesperson Balazs Ujvari confirmed. This

Europe is in a strong position to maintain steady energy supplies this winter even as a key Russian gas transit route is set to close, according to the head of German utility Uniper SE.