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Hungary holds important energy talks with the US in Parliament

Nov 14, 2018

Prime Minister Viktor Orbán and U.S. Secretary of Energy Rick Perry held talks with David B. Cornstein, Ambassador of the United States of America, Péter Szijjártó, Minister of Foreign Affairs and Trade, and Antal Rogán, Head of the Cabinet of the Prime Minister

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Hungarian arm of Rosatom to install hydroelectric power plant in South Africa

Nov 07, 2018

The plant will be the first of many to provide much needed energy to parts of the region and each is capable of providing electricity for 250-400 households

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Hungary and Croatia turn to EC regarding gas shipment tariffs

Oct 03, 2018

Minister Szijjártó said Hungary could take delivery of 1.7 billion cubic meters of gas a year from the Krk terminal which has capacity of 2.6 billion cubic meters

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PM Orbán holds talks with President Putin in Moscow

Sep 19, 2018

PM Orbán said it is in Hungary’s national interest that “there should be good cooperation between the two halves of Europe,” including constructive ties between Hungary and Russia

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FM: Hungary is forging closer ties with Croatia in order to build better gas cooperation

Sep 03, 2018

Péter Szijjártó said that by making the Croatia-Hungary gas interconnector reverse-flow capable, Croatia will enable Hungary to buy gas from the network by the end of 2019

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Paks to be completed on time with no safety compromises

Jul 06, 2018

The two new reactor blocks will be completed within deadline and without any technical or safety compromises.

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FM: Hungary and China continue to build strong ties

Jun 07, 2018

During an official visit to Shanghai, Péter Szijjártó, minister of Foreign Affairs and Trade, revealed that a 45 billion HUF (141 million EUR) power plant project will be built in Hungary, and air passenger links between the two countries could expand

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Hungary secures deal on natural gas supply and price

May 28, 2018

Péter Szijjártó, minister of Foreign Affairs and Trade, said an agreement has successfully been reached on the quantity and price of next year’s Gazprom natural gas shipments to Hungary, in addition to which negotiations have also begun on gas shipments for 2020

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Hungary’s energy consumption grew in 2015 and 2016, while other EU countries' declined

Mar 06, 2018

The head of the Hungarian Energy Efficiency Institute said total energy consumption of the country was 1,072 petajoules in 2016 - 55 percent came from imported resources

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Hungary to power ahead with Paks nuclear power upgrade despite Austria's opposition

Jan 23, 2018

Austria‘s Environment Ministry said that it would ask the court to annul the European Commission’s resolution approving the Paks nuclear power plant expansion

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PM Orbán meets Croatian prime minister to resolve ongoing MOL dispute

Nov 29, 2017

The prime minister said that Hungary is ready to enter into a fair deal in order to resolve the dispute over the role of the Hungarian multinational oil and gas company MOL in the Croatian energy company INA

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Hungary and Slovakia sign declaration of intent to build a north-south gas pipeline

Oct 31, 2017

The “Eastring” pipeline is planned to transport an annual 30-40 billion cubic meters of Romanian and Bulgarian gas

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The environmental permit for the Paks upgrade project is legally binding says Pécs court of appeal

Oct 27, 2017

The court dismissed an appeal filed by environmental groups on the grounds that they lodged it with the wrong authority, which meant they missed the deadline

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Further blocks should be added to Paks expansion plans, says minister

Oct 06, 2017

János Süli, minister without portfolio in charge of the upgrade of the Paks nuclear plant, suggested that two new blocks should be added to meet increased demand in future

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MET Group expands its Bulgarian and Italian subsidiaries

Aug 29, 2017

Through subsidiaries, MET is currently present in 15 countries: Austria, Bulgaria, Croatia, Hungary, Italy, Lithuania, Romania, Russia, Serbia, Slovakia, Spain, Switzerland, Turkey, U.K. and Ukraine

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Hungary, Visegrad Four building relations with Kazakhstan

Jun 13, 2017

Hungary is working to bolster relations not only on a national level but also within the Visegrad Four. Therefore, the Hungarian government has initiated the establishment of a V4 cooperation platform

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Hungary resumes talks with Russia and Serbia on the construction of a new gas pipeline

Jun 06, 2017

Hungary's foreign minister said the pipeline will have a smaller capacity than the abandoned South Stream project but will take a similar route

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Hungary to become involved in China's "One Belt, One Road" policy

May 15, 2017

China is regarded as an important and comprehensive strategic partner, and new opportunities would be opening up in Hungarian-Chinese economic relations as a result

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Hungarian government appoint Paks Mayor János Suli as minister without portfolio in charge of overseeing Paks upgrade project

Apr 14, 2017

János Suli has been appointed minister without portfolio in charge of overseeing and managing the upgrade of the Paks nuclear power plant

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PM Orbán appoints minister without portfolio to oversee and review Paks project

Apr 11, 2017

The prime minister pointed out that Fidesz supports nuclear energy and renewable energy sources equally. However, the Hungarian people cannot pay the additional costs of renewable energy sources, and it now appears that nuclear energy will be the cheapest solution

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PM Orbán and President Putin focus on energy talks during Budapest meeting

Feb 03, 2017

President Putin said that, if necessary, Russia could raise its loan to fully cover the costs of the 12-billion euro Paks nuclear power project

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PM Orbán: Hungary's relationship with Russia is something to be cherished

Feb 02, 2017

Prime Minister Viktor Orbán held a joint press conference with Russian President Vladimir Putin in Budapest on Thursday. President Putin said that he was in agreement with PM Orbán about the need to strengthen cooperation in the fight against international terrorism

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PM Orbán: 'Hungary will not allow Brussels to increase our energy prices'

Dec 05, 2016

The Hungarian government will not allow Brussels to phase out statutory fixed energy prices which would mean an end to reductions in household utility bills

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Hungary's nuclear power plant to be expanded after EC approves Russian deal

Nov 18, 2016

The Paks II plant will be refurbished and expanded after the EC closed the infringement procedure brought against Hungary

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There's no place for wind power in Hungary

Oct 10, 2016

The Hungarian government has a clear energy strategy, according to which wind power is not optimal, while solar energy is far more advantageous

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PM Orbán holds oil and gas talks with Oman

Sep 02, 2016

Hungary aims to boost Hungarian investments in Oman and serve as a gateway for Omani companies seeking opportunities in the EU

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Hungarian government explores further energy price cuts

Aug 18, 2016

The Hungarian government has transformed the energy sector by creating a state-owned, not-for-profit national energy holding company

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Incident at Paks power plant poses no nuclear threat

Jul 14, 2016

Hungary's only nuclear power plant says that one of its four reactors has been shut down because of an electrical fault in the control system