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64 new news items in the last 24 hours
  1. Home
  2. Economy

Hungary will purchase 4 billion cubic meters of natural gas from Engie between 2028 and 2038, strengthening its energy security.

Lara Maior
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2 October 2025, 13:03
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The Hungarian Minister of Foreign Affairs, Peter Szijjarto, announced an agreement with the French group Engie for the purchase of 4 billion cubic meters of natural gas between 2028 and 2038, considering it essential for Hungary's energy security. Additionally, MVM Group signed a similar agreement with Shell for the supply of 200 million cubic meters of liquefied gas annually, starting in 2026. However, Hungary continues to depend on Russian natural gas, importing significant quantities through the Turkish Stream pipeline.

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Grupul francez Engie va furniza gaze naturale Ungariei timp de 10 ani
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Engie va furniza gaze naturale Ungariei timp de 10 ani

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Luca Niculescu, details about the governing program: “We are working intensively to finalize the governing program. We aim to identify solutions for increasing incomes, with priority given to pensioners with low pensions”

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