Without Russian energy sources, Hungarian energy bills would triple - MoFA
The minister emphasised that maintaining this energy cooperation is in Hungary's fundamental national interest. Abandoning it would go against Hungary's national interests. Without energy supplies from Russia, Hungarian households would face tripling energy bills, which is clearly unacceptable.
Therefore, we continue to work to ensure that energy cooperation between Hungary and Russia can continue without disruption.
Our analysis showed that a threefold increase in energy prices is highly unlikely.
As Szijjártó said, reducing utility costs in Hungary in the long term hinges on the construction of new units at the Paks Nuclear Power Plant. For the first time in years, neither European nor American sanctions are hindering construction, and all the necessary Hungarian permits have been obtained. According to his presentation, work in Paks is proceeding at full speed, with preparations for the first concrete pour on schedule for 5 February.
Prime Minister Viktor Orbán and Russian President Vladimir Putin are meeting today in Moscow, where they will discuss energy issues.
Cover photo: Portfolio
