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Hungary eyes 6 bln cu m of gas imports via Serbia as of Oct 2021 - Szijjarto

Hungary plans to buy up to 6 billion cubic metres of gas annually from a string of the TurkStream pipeline through Bulgaria and Serbia as of October 2021, Hungarian media reported on Tuesday.

read more... 25/06/2020


Hungarian minister highlights importance of nuclear energy

The coronavirus pandemic has underlined the importance of the existing Paks nuclear power plant, which accounts for about half of Hungary's electricity generation, noted János Süli. The minister responsible for the design, construction and commissioning of two new reactors at Paks said that project will maintain the country's energy security and help revive its economy in the coming years.

read more... 03/04/2020


Hungary allocates 131.4 MW of PV in renewables auction

The Hungarian Energy and Public Utility Regulatory Authority (HEPURA) has published a list of 72 clean energy projects that it selected in the country’s first technology-neutral renewable energy auction in late October.

read more... 30/03/2020


Lukoil to sign $10 bln oil supply contract with Hungary's Mol

Russia’s second-largest oil producer Lukoil will sign a contract worth $10 billion to supply oil to Hungarian energy company MOL, Lukoil Chief Executive Vagit Alekperov said on Wednesday.

read more... 31/10/2019


Greece and Hungary to phase out coal by 2028 and 2030 respectively

Greece and Hungary have announced they plan to phase out coal-fired electricity generation by 2028 and 2030 respectively.

read more... 25/09/2019