Tag: natural_gas

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Hungary's Orbán wants to buy mid-range air defense missiles from USA

May 17, 2019, 10:04 am
Hungary’s Prime Minister Viktor Orbán has urged U.S. President Donald Trump during his Washington visit to launch the extraction of Romanian natural gas on the Black Sea, the PM told public radio... 

Hungary set to lose gas pipeline dispute with Austria

May 2, 2019, 1:02 pm
The third phase of an open season on the Hungary-Slovakia-Austria corridor failed last week, suggesting Hungary’s plan to divert the BRUA project into Slovakia is unlikely to succeed, Interfax Global... 

Future of Hungary's gas supply route becomes uncertain

April 18, 2019, 11:13 am
The future of gas transmissions via Ukraine is uncertain therefore Hungary has signed an agreement with Gazprom to have the Russian company transmit gas Hungary will need next year already in 2019, said... 

Norwegian gas could reduce Hungary's dependence on Russia

April 17, 2019, 9:35 am
The European Commission is providing 215 million euros of funding for the Baltic Pipe connecting the Danish and Polish gas transmission systems, which could help diversify Hungary’s gas supply, as... 

Hungary under increased pressure to restore original BRUA route

April 12, 2019, 9:40 am
Pressure mounts on Hungary to restore the original route of the Bulgaria-Romania-Hungary-Austria (BRUA) pipeline, reported Interfax Global Energy, a site that is generally well-informed in natural gas... 

Bulgaria awards pipeline deal to Saudi company

April 4, 2019, 10:30 am
Bulgaria has picked a Saudi-led consortium to build a 474-kilometer (295-mile) natural gas pipeline, part of a grid upgrade designed to help transfer Russian gas from Turkey to central Europe. Hungarian... 

Hungary, Slovenia jointly apply for EU funding for gas pipeline interconnection

February 5, 2019, 11:42 am
Hungary and Slovenia are jointly applying for European Union funding for the interconnection of their natural gas pipeline networks, which would enable Hungary to purchase liquid natural gas (LNG) from... 

Hungary to buy gas from Cyprus

December 14, 2018, 4:31 pm
Hungary and Cyprus have concluded a bilateral energy agreement for the inclusion of Cypriot gas in the Hungarian supply. “Hungary is continuously looking for alternative opportunities with which... 

Hungary's dependence on Russian gas grows

November 22, 2018, 10:47 am
Hungary has purchased 6.1% more natural gas from Russia’s Gazprom so far this year than in the same period of 2017. In the period between 1 January and 15 November, Gazprom produced 429.6 billion... 

Russia reacts to U.S. threat of putting the crimp into gas pipeline project

November 14, 2018, 4:20 pm
Alexey Miller, the CEO of Russian energy giant Gazprom involved in Nord Stream 2 gas pipeline project, vowed to finish the construction of the pipeline despite the U.S. efforts to derail the venture. ... 

USA has means to stop Nord Stream 2, says U.S. Ambassador to EU

November 13, 2018, 4:09 pm
The United States has instruments to slow down or even stop the Nord Stream 2 gas pipeline project that would connect Germany with Russia, U.S. Ambassador to the European Union Gordon Sondland said on... 

Cold winter could cause trouble in Hungary's gas supply

October 18, 2018, 11:14 am
Extreme cold weather could pose a risk to the security of natural gas supply, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) said in a statement on Thursday. In reviewing the risks... 

Gas supply: Hungary to ink solidariy deals with neighbours

October 11, 2018, 8:22 am
Hungary’s Prime Minister Viktor Orbán has mandated the Minister for Innovation and Technology to sign agreements on solidarity mechanisms of bilateral natural gas supply. According to the Official... 

New Hungarian gas trading company is born

September 26, 2018, 11:59 am
Balázs Kertész, who has become known as the “financial right-hand man" of Antal Rogán, former propaganda minister for Prime Minister Viktor Orbán and currently minister at the helm of the PM’s... 

Orbán and Putin to discuss Russian gas, Paks 2

September 14, 2018, 12:29 pm
The key items on the agenda of the next meeting between Russian President Vladimir Putin and Hungary’s Prime Minister Viktor Orbán in Moscow on 18 September could be Hungary’s gas supply and... 

Natural gas to play a role until solar energy's final triumph - Portfolio conference

June 7, 2018, 4:45 pm
Renewable energy and natural gas are not necessarily mutually exclusive, they could play a complementing role in the energy mix, Péter Horváth, business development director at MET Power, said at Portfolio's... 

Household electricity prices drop slightly in EU

May 31, 2018, 12:12 pm
Household electricity prices in the European Union decreased between the second half of 2016 and H2 2017, albeit very moderately, Eurostat, the statistical office of the EU, reported on Thursday. Household... 

Hungary Mol exits MET Group

May 30, 2018, 9:17 am
Switzerland-based energy company MET Group is to be taken over by its management, as its owners are selling their stakes. The group is planning further acquisitions in Europe, for which will rase capital.... 

LNG terminal in Croatia seen serving Hungarian interests

May 28, 2018, 3:51 pm
Opposition is mounting against a floating LNG (liquefied natural gas) terminal on the island of Krt (northern Croatia) that should have gone operational in 2018, but now looks to be ready only by 2020.... 

Hungary energy authority reassures gas supply is secured

March 22, 2018, 1:53 pm
Gas supply in Hungary is ensured, with 1.7 billion cubic metres of natural gas stored in five storage facilities. This volume can cover the gas need of the country even if winter stretches out, said Zsolt... 
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