Hungary and Russia agree to accelerate pace of Paks upgrade
Minister Szijjártó said Hungary will not support any proposals by Brussels that make Hungarian-Russian nuclear cooperation harder or render it impossible.
Minister Szijjártó said Hungary will not support any proposals by Brussels that make Hungarian-Russian nuclear cooperation harder or render it impossible.
The government plans to increase spending five-fold in the next seven years compared with the past seven years.
The foreign minister said the severe energy crisis has made Azerbaijan more important for Europe.
The foreign minister said the world is facing severe security and energy supply crises, and the countries that build the broadest partnerships possible will be the ones to best cope...
The foreign minister said Hungary received 4.8 billion cubic meters of gas through Bulgaria last year.
The public debt is expected to have fallen more sharply than initial projections, to 73.5% from 76.8% in 2021.
Gas storage levels are high across Europe, including in Hungary, thanks to a mild winter.
Energy Minister Csaba Lantos emphasized the need to strengthen Hungary’s energy sovereignty.
The prime minister said Hungary and Qatar had signed an energy and investment deal, but it would soon be followed by “longer, inter-governmental talks touching upon strategic areas, too”.
19 million tons of Russian crude are delivered to Hungary, Slovakia and Czechia each year through the Druzhba pipeline.
Minister Szijjártó said Hungary completely rejects introducing a “harmful, dangerous and totally needless” price cap.
The prime minister hails the construction of the world's longest submarine cable to deliver electricity from Azerbaijan via Georgia and Romania to Hungary.
Péter Szijjártó, Minister of Foreign Affairs and Trade, warned of the dangers of slapping price caps on crude oil and natural gas in the European Union.