News

Hungary supports the U.S. Middle East Peace Efforts, Hails Strong Bilateral Relations

Minister of Foreign Affairs and Trade Péter Szijjártó visited Washington, D.C. on September 15 to attend the official signing of the peace agreements between Israel and the United Arab Emirates, and Bahrein (Abraham Accords), on the White House lawn.
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Hungary concludes historic LNG purchasing agreement with Shell

A six-year purchase contract was concluded on September 4, 2020 with Shell for 250 million cubic metres of natural gas annually, between 2021 and 2027. This is the first long-term liquid natural gas (LNG) purchase agreement with a Western energy company in Hungary’s history.
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Prime Minister Orbán Marks Independence Day in Letter to President Trump

Prime Minister Viktor Orbán greeted US President Donald Trump on the occasion of America’s Independence Day, on Saturday, the prime minister’s press office reported.
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Hungary – U.S. dialogue on Energy Security and Connectivity Issues

The Embassy of Hungary organized its first in-person VIP event since the breakout of the COVID-19 pandemic on July 1, 2020, on energy security. The event covered Hungary’s recent steps to ensure energy independence, such as booking the majority of the available capacity in the first 10 years of the Krk LNG Terminal.
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Another energy diversification milestone reached by Hungary

Hungary, for the first time, is to buy gas from a dedicated LNG source, using a new delivery route and ensuring long term source diversification. Hungarian Gas Trade Ltd, a subsidiary of state-owned MVM Hungarian Electricity Ltd. (MVM Zrt.) and Hungarian-owned company, MET has successfully booked LNG capacity from the Krk LNG Terminal in Croatia.
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