News in Brief
Hungary and Russia conclude long-term agreement on delivery of natural gas
“We intend to enter into a 15-year contract, with flexible pricing,” the foreign minister said.
Natural Gas
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News in Brief
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.
News in Brief
Hungary could import natural gas from Azerbaijan in 2023
Hungary’s purchase of Azeri gas had been made possible by the near completion of the southern gas corridor and Azerbaijan’s increase of its gas output.
News in Brief
Gas deliveries to Hungary through TurkStream pipeline could begin at end of 2021
Hungary could take delivery of an annual 10 billion cubic meters of gas across the Serbian border through the TurkStream pipeline.
News in Brief
FM: TurkStream natural gas pipeline will strengthen Hungary’s energy security
The foreign minister said that starting from 2021, Hungary expects to receive an annual 9.8 billion cubic meters of gas through the TurkStream pipeline.
News in Brief
Hungary could strike gas deal with Qatar
The Foreign Minister has highlighted that Hungary will be able to purchase Liquefied Natural Gas from Qatar, following the completion of Croatia’s LNG terminal in January 2021.
News in Brief
Natural gas prices in Budapest are lowest in the EU
The Hungarian Energy & Utilities Regulatory Agency revealed that the average price came to EUR 3.16 per kilowatt, marking a new record across the 28 European member states.
News in Brief
Hungary signs gas pipeline agreement with Serbia
Minister Szijjártó highlighted that the security of Hungary's gas supply is a national security and national strategic issue.
News in Brief
Hungary signs new gas deal with Russia
“Hungary’s gas supplies from Russia have been secured by the agreements signed today,” Péter Szijjártó, Minister of Foreign Affairs and Trade, said.
News in Brief
Gazprom agrees to deliver part of Hungary's 2020 gas supply this year
“We are interested in having a reliable cooperation with Gazprom that guarantees the energy safety of the country,” Minister Szíjjártó said
News in Brief
FM: Hungary to buy natural gas from Turk Stream pipeline
The foreign minister said that in the future Hungarian-Bulgarian economic relations will be centered around energy supply
News in Brief
FM: Hungary has offered to purchase 25 percent of new Croatian LNG terminal
Péter Szijjártó said “it is a critical issue for the Central European region whether it will be capable of diversifying its gas procurement sources”
News in Brief
Foreign minister discusses opportunity to diversify Hungary’s gas imports with US
Minister Szijjártó said Hungary has taken all necessary steps in the interest of reducing its dependence on gas from Russia