News in Brief FM: Europe’s competitiveness hinges on intensifying inter-state transport and energy connections Jul 23, 2020 Péter Szijjártó underlined the importance of connecting Hungary and Slovenia’s electricity and gas pipelines and increasing the number of border crossings.
News in Brief Paks receives HUF 4 billion for development projects Jan 08, 2020 Péter Szabó noted that the town of 19,600 inhabitants expects to see an influx of some 10,000-12,000 people during the construction of the nuclear plant and a growth of some 5,000-6,000 afterwards.
News in Brief HUF 20 billion available to Hungarian enterprises for energy projects Nov 18, 2019 Starting today, businesses can each apply for a maximum HUF 100 million of non-refundable development funds for building energy projects anywhere in Hungary.
News in Brief Hungary and Czech Republic initiate V4 energy research platform Jul 17, 2019 A special Hungarian-Czech Innovation Platform (CIP) will be established. This platform will provide V4 countries with the opportunity to work together on innovation and technological development, sustainable development and corporate social responsibility.
News in Brief Paks nuclear power plant upgrade begins Jun 21, 2019 The capacity expansion of Hungary’s Paks nuclear power plant in central Hungary began on Thursday with the construction of the ancillary buildings.
News in Brief Government to ensure Hungary’s energy demands from two main sources: nuclear power and renewable sources Jun 18, 2019 During a Q&A session in Parliament, Prime Minister Viktor Orbán said Hungary needs the capacity expansion of its only nuclear plant in Paks in order to meet its climate goals.
News in Brief Prime Minister 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
News in Brief 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
News in Brief 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
News in Brief Prime Minister 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
News in Brief 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
News in Brief 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.
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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
News in Brief 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