The Hungarian government declared an “energy emergency,” citing the war in Ukraine and sanctions on Russia by the European Union as the primary reasons. Under the new system, there will be a ban on the export of fossil fuels and the system of government-imposed cap on household utility prices will be revamped. The government of […]
Hungary has reached an agreement with Ukraine to supply natural gas to its northeastern neighbor with guaranteed capacity from January 1 next year, Serhiy Makokhon, CEO of the Ukrainian Gas Transmission System (HTS) has announced. The Ukrainian side signed a cooperation agreement with the Hungarian gas transport company FGSZ on the guaranteed supply capacity. Under […]
The supply of consumers was ensured during the heating period, as by the end of the storage period, more than 6.4 billion cubic meters of natural gas were available in the storage facilities, and on the last day of the autumn, on November 30, there were plenty of 6 billion cubic meters. However, a statement […]
The Hungarian Virtual Power Station Program has been selected as one of the best three among 153 energy efficiency programmes submitted to the jury of the EU’s Sustainable Energy Week, the Hungaian Ministry for National Economy has announced.
The ambassadors of the V4 countries to the United States have made a plea to U.S. House Speaker John Boehner for the United States to export natural gas to Central and Eastern Europe to ease the region’s dependence of gas supply from Russia.
Creating the conditions for energy security is among the biggest challenges facing countries today, Hungary's foreign minister János Martonyi told the international conference "Energy Security and Diplomacy in 2013" in Budapest on Monday.
A proposal by the head of the parliamentary group of the governing Fidesz to cut state subsidies for renewable energy is being reviewed by the Ministry of National Development. The draft would alter agreements already negotiated by the Ministry.
Hungarian premier Viktor Orbán and the presidents of three other countries concerned have signed an agreement on the Azerbaijan-Georgia-Romanian Interconnector (AGRI) project which involves the transporting of Azeri natural gas through Georgia and Romania to Central Europe.
