Tag: natural_gas

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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... 

Romanian ministry green-lights BRUA gas pipeline project

March 22, 2018, 9:31 am
Transgaz, Romania’s state-owned natural gas pipeline network operator, has been authorised by the Ministry of Energy to commence work related to the BRUA gas pipeline, the company announced. The... 

Hungary's gas storage facilities are almost empty

March 20, 2018, 11:41 am
Hungary’s commercial natural gas storage facilities are almost empty, local daily newspaper Magyar Nemzet reported on Tuesday. The state-owned storage units at Zsana, Hajdúszoboszló, Pusztaederics... 

OMV 'not amused' to see gas pipeline stopping in Hungary

March 19, 2018, 4:28 pm
Austrian oil and gas company OMV is ‘not amused’ to see the Bulgaria-Romania-Hungary-Austria (BRUA) major pipeline project to have one of its ends in Hungary, because this makes difficult to... 

Hungary PM Orbán says every family will receive HUF 12,000

March 7, 2018, 3:14 pm
In an attempt to boost its popularity before the 8 April election, Prime Minister Viktor Orbán’s government has decided to give every household a credit of 12,000 forints (EUR 38) on their gas bill.... 

PM Orbán says era of Russian gas monopoly to end in Hungary

February 9, 2018, 3:55 pm
Hungary will shortly sign an agreement which will allow the imports of four billion cubic meters of natural gas from Romania annually over the next 15 years, Prime Minister Viktor Orbán said on Friday.... 

Oil and natural gas discovery in Hungary

February 5, 2018, 12:14 pm
Hungarian fuels group Mol may soon start extraction natural gas and oil found in Vízvár, Somogy County. Local population expect major tax revenues from the investment and trust some jobs will go their... 

Hungary has enough gas to last the winter

January 26, 2018, 1:52 pm
Domestic storage facilities hold nearly 3.4 billion cubic meters of natural gas, which, supplemented by continuous gas imports, will safely cover the country’s winter consumption, the Hungarian Energy... 

Hungary, Slovakia sign memorandum of understanding on Eastring gas pipeline

October 31, 2017, 10:03 am
Slovakia and Hungary signed a memorandum of understanding on Monday to support the planned Eastring gas pipeline aimed at reducing the countries’ dependence on Russian gas, Hungary’s Ministry... 
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