News in Brief
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.
Energy security
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News in Brief
Lantos: Hungary must enter investment-intensive era in energy sector
The government plans to increase spending five-fold in the next seven years compared with the past seven years.
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FM: Azerbaijan can play a key role in the energy security of Hungary
The foreign minister said the severe energy crisis has made Azerbaijan more important for Europe.
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Hungary and Ecuador sign defense and hydrocarbon cooperation agreement
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...
News in Brief
FM: Hungary’s natural gas supplies are secure thanks to states like Bulgaria
The foreign minister said Hungary received 4.8 billion cubic meters of gas through Bulgaria last year.
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Finance Ministry: Public debt fell more than expected in 2022
The public debt is expected to have fallen more sharply than initial projections, to 73.5% from 76.8% in 2021.
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Energy Minister: Gas storage levels are high in Hungary
Gas storage levels are high across Europe, including in Hungary, thanks to a mild winter.
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Hungary to reduce dependence on foreign energy suppliers
Energy Minister Csaba Lantos emphasized the need to strengthen Hungary’s energy sovereignty.
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PM Orbán: Hungary to focus on energy and investment deals
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”.
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FM: EU made “huge mistake” not addressing pipeline capacity
19 million tons of Russian crude are delivered to Hungary, Slovakia and Czechia each year through the Druzhba pipeline.
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FM: EU has wasted time on moves to cap price of gas
Minister Szijjártó said Hungary completely rejects introducing a “harmful, dangerous and totally needless” price cap.
News in Brief
PM Orbán hails Azerbaijan-Hungary electric cable agreement
The prime minister hails the construction of the world's longest submarine cable to deliver electricity from Azerbaijan via Georgia and Romania to Hungary.
News in Brief
FM: Talks start on importing natural gas and crude oil from Oman 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.