The sale of the largest player on Hungary’s deregulated gas market, Emfesz, was confirmed last Thursday. A spokesman for the firm, Igor Gállyas, said that a report to that effect in the Russian newspaper Vedomosti was correct. In a deal reflecting the complexity and opacity of the Eastern European energy market, the firm, which handles around a quarter of gas imports to Hungary, was purchased by the Swiss-based firm RosGas AG from Dmitry Firtash, a Ukrainian oligarch.

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