Hungary cuts gas consumption markedly in 2023

2.5 billion cubic metres less than the 2021 consumption

Hungary reaches November gas storage filling target

More than half of annual consumption underground already

EU exceeds its gas saving target, Hungary endures a serious slimming diet this winter

So far so good, but there is no room to sit back and relax

Gas prices fall further, moving away from the critical threshold

Trading at one-and-a-half-year lows

Fitch Ratings says Europe dodged the energy crisis, troubles averted

Pop those corks, shall we?

Gas prices fall sharply on TTF

European outlook not as dim as a few months ago

Gas prices keep falling, down below EUR 60 on TTF

Lowest level since Sept 2021

Next year could see gas shortages in Europe - IEA

We still may get away with it this year

Real winter may arrive soon, gas prices rise

Over 25% increase in a day.

Gas prices plummet, quotes at lowest levels since June

The drop has multiple reasons.

Hungary's biggest hotel to close its doors for the winter season

Efficient operation is impossible due to energy crisis

Russia's Gazprom gives Hungary deferred payment deal on gas

MVM decides to extract 800 million cubic metres of gas from Hajdúszoboszló storage

Analysts estimate how much the winter energy crisis will hurt Hungary and Europe

There's no scenario where we don't plunge into a recession

Freezing days ahead, but Hungary has adequate gas supplies

Natural gas supply ensured from various sources

Summer-winter clock change to end in EU in 2021

Date postponed from 2019 to 2021.

Cold winter could cause trouble in Hungary's gas supply

Hungary's gas storage facilities could be depleted within weeks

Extreme cold boosts consumption.