N

FM: Croatia’s LNG terminal is an important step forward in securing Hungary’s gas supply

The foreign minister said the inauguration of Croatia’s LNG terminal on the island of Krk is an important step forward in securing Hungary’s gas supply.

 

The foreign minister said the inauguration of Croatia’s LNG terminal on the island of Krk is an important step forward in securing Hungary’s gas supply.

Péter Szijjártó, Minister of Foreign Affairs and Trade, said after a videoconference with European energy commissioner Kadri Simson that Hungary is set to receive an annual one billion cubic meters of liquefied natural gas from January 1, 2021.

According to MTI, the minister noted that the European Commission contributed 100 billion euros to the construction of the LNG terminal. He expressed hope that Croatia would consider expanding the capacities of the terminal if its targets are met, adding that LNG could then play an even larger role in in Hungary’s energy supply. He also noted that Hungary’s gas delivery agreement signed with Shell is the country’s first long-term energy deal that does not involve Russian energy suppliers.

Minister Szijjártó said his talks with Simson also touched on the construction of Hungary’s Paks 2 nuclear power plant. Hungary believes the European Union’s Green Deal goals and targets to reduce greenhouse gas emissions can only be met if nuclear power is counted as an environmentally friendly energy source, he said. This is a matter of constant debate within the EU, he said, noting that half of the bloc’s member states use nuclear energy while the other half oppose it.

“The facts are on our side,” the minister said. “Nuclear energy is a clean, cheap and safe form of energy.” The Paks 2 project complies with all European laws and Hungary is in constant consultation with the EC during the construction, he said.

Photo credit: NEW Technology