Hungary Plans to End Russian Gas Imports Within a Year
14 Articles
14 Articles
Hungary plans to end Russian gas imports within a year
Hungary plans to completely phase out Russian natural gas imports within a year and comply with European Union requirements, Economy and Energy Minister Istvan Kapitani said Friday, according to Bloomberg. The announcement marks a significant shift from the policies pursued under former Prime Minister Viktor Orban. Kapitani said Hungary has enough pipeline connections to secure competitively priced gas from alternative sources. By October 2027, …
According to the minister, the country's supply can be ensured even without Russian gas.
Hungary is discussing with Romania the possibility of replacing Russian gas with supplies from the Neptun Deep field by October 2027, Hungarian Minister of Economy and Energy Istvan Kapitan said in an interview with the news portal Telex, News.bg reports. "Currently, Russian gas is available, but the Romanian Neptun Deep field could become <...> a very cost-effective solution. We are actively negotiating with both the company that will develop i…
Hungary plans to completely abandon Russian gas <p>Hungary aims to replace Russian gas and diversify oil supplies by October 2027. Also reviewing the NPP project “Paksh”</p>.
Hungary is looking for a replacement for Russian gas by the autumn of 2027
Hungary is looking for a replacement for Russian gas by the autumn of 2027Budapest is negotiating with Romania and LNG suppliers to prepare alternative gas sources by the deadline set by the EU plan, Hungarian Economy and Energy Minister...
Russia would feel the loss of Hungarian natural gas purchases, but it would not have a fatal economic impact.
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