Hungary LNG plan

Written by  AJ Kotze
Monday, 21 August 2023
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Hungary plans to begin  receiving LNG shipments from Qatar in 2027, Hungarian Foreign Minister, Peter Szijjarto told a news conference recently.

"We have reached a political agreement, which is now followed by talks between energy companies Qatargas and Hungary's MVM to determine the quantity, pace and shipment route of the supplied gas to Hungary from 2027," Szijjarto said.

Qatar has no spare export capacity until 2027, he explained.

Hungary still relies on Russia for much of its oil and gas requirements.

Under a 15-year deal signed in 2021, Hungary currently receives 4.5 bill cu m of gas per year via Bulgaria and Serbia under a long-term deal with Russia.

Last modified on Monday, 04 September 2023 04:40
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