News in Brief
Foreign Minister welcomes agreement between Hungarian-Azeri energy companies
The foreign minister said the agreement has further secured Hungarian energy security.
Energy security
E
News in Brief
Government providing 160 billion forints towards development of electricity network
The Hungarian government aims to ensure that as much energy as possible is produced from domestic sources.
News in Brief
FM: War in Ukraine has triggered triple energy, food security and economic crisis
Speaking in Brussels on Thursday, after a meeting of the European Union’s Foreign Affairs Council, the foreign minister said the only solution to the situation is peace.
News in Brief
Energy Ministry launches bid to boost energy storage capacity
The scheme is aimed at increasing the security of supplies and boosting renewable energy sources such as wind and solar power.
News in Brief
FM: Hungary's energy security would not be guaranteed without Turkey
Minister Szijjártó expressed Hungary’s gratitude for Turkey's role in guaranteeing the country’s energy security.
News in Brief
CEE countries sign gas supply MoU with Azerbaijan
Minister Szijjártó said Hungary, which has little natural gas of its own, is striving to diversify its energy resources “rather than just changing the geographical direction of the dependence”.
News in Brief
Finance Minister: Georgia cooperation is key to Hungary’s energy security
Minister Varga said the two countries are planning to hold a joint cabinet session this year, to boost ties based on shared values and interests.
News in Brief
Foreign Minister slams planned sanctions on Russian nuclear energy
The foreign minister said Hungary can buy oil either via Croatia or Ukraine, and transit fees have increased significantly in both directions.
News in Brief
V4 countries “resolutely condemn” war in Ukraine
A V4 statement expressed support for the independence and sovereignty of Ukraine and for preserving the country’s territorial integrity within its internationally recognized borders.
News in Brief
EC approves support scheme for businesses affected by war in Ukraine
Under the Hungarian scheme, the higher gas and electricity costs of businesses are partially supported in the form of loans and guarantees.
News in Brief
Hungary reaches new energy agreements with Russia
The foreign minister said that although Europe is “proud to have gotten through the winter”, a recent report by the International Energy Agency indicates that energy supply security will be critical in the next heating season.
News in Brief
FM: Hungary and Russia agree on changes to Paks contract
Minister Szijjártó said that regardless of the war and the sanctions, the Paks contract had to be modified because of the technical and technological changes seen in the nine years since it was signed.
News in Brief
FM: Hungary interested in importing green electricity from Southern Caucasus
Minister Szijjártó said the current geopolitical crisis had laid bare the vulnerability of European supply lines.