Saturday, July 12, 2025

Hungary News

Orlen LNG to sell 140 million cubic meters of US LNG to Ukraine's Naftogaz

Naftogaz, Ukraine's energy company of state, has signed a deal to purchase 140 million cubic meters (mcms) of U.S. Liquefied Natural Gas from Poland's Orlen. After Russian shelling, Ukraine's storage sites are almost empty and it needs to import large quantities of gas in order to meet its heating requirements for 2025/26.

EU envoys are expecting to resolve the blockage of new Russia sanctions by this week

Diplomats from the European Union said that they expected to reach an agreement during a summit of the EU this week regarding an 18th package against Russia. Slovakia and Hungary use it as a bargaining tool for concessions about Russian energy. The European Commission proposed the package…

Hungary's Orban calls on EU to lift Russian energy ban amid US/Iran conflict

Hungarian Prime Minster Viktor Orban urged on Sunday the European Union not to impose a ban on Russian Energy due to the expected increase in energy prices after the US bombings of Iran. The European Commission proposed on Tuesday a legally-binding ban on EU imports from Russia of gas and liquefied gas by 2027.

The EU's plans to ban Russian gas

The European Commission proposed Tuesday legally binding measures to end the European Union's imports from Russia of gas and liquefied gas by the end 2027. This would put an end to decades-old energy relationships with Europe's ex-top gas supplier. The details of the proposals are below.

Austria: EU should resume Russian gas imports in the event of peace in Ukraine

An Austrian official told Brussels that the European Union would be willing to resume Russian gas imports in the event of a peace agreement between Russia and Ukraine. The European Commission will propose legal measures to implement the ban on Tuesday, with the goal of ending the EU's dependence on Russian energy before the end of 2027.

Austria: EU should consider returning to Russian gas in the event of peace in Ukraine

An Austrian official told Brussels that the European Union would be willing to resume Russian gas imports if there was a future peace agreement between Russia and Ukraine. The European Commission will propose legal measures to implement the ban on Tuesday, with the goal of ending the EU's dependence on Russian energy before the end of 2027.

EU continues with Russian gas banning proposal despite Hungary and Slovakia's vetoes

Hungary and Slovakia opposed on Monday a planned European Union prohibition on Russian gas imports. However, Brussels is expected Tuesday to propose the legislation, which may pass without their approval. By the end of 2027, the European Commission plans to ban EU imports of Russian gas and LNG.

Fico: Slovakia can't support new EU sanctions on Russia without energy solutions

Robert Fico, Slovakia's Prime Minister, said that the country will not support the EU's 18th sanctions package against Russia until the European Commission offers a solution for the problems the country would face if the bloc were to phase out Russian energy according to plan. The Commission proposed a new set of sanctions on Tuesday against Russia…

Maguire: Eastern Europe's secretive surge in solar power generation

In Europe, the discussion of solar energy generation is dominated by Germany and Spain. Solar capacity in the nine largest producers of solar energy in Eastern Europe grew at a pace that was more than twice as fast as the rest of Europe over the last five years. This has allowed Eastern Europe to double its regional solar production share since 2019.

Maguire: Eastern Europe's secretive surge in solar power generation

In Europe, the discussion of solar energy generation is dominated by Germany and Spain. Solar capacity in the nine largest producers of solar energy in Eastern Europe has increased at a pace that is more than twice as fast as the rest of Europe over the last five years. This has allowed Eastern Europe to double its regional solar production share since 2019.

Ukraine Approves Gas Import Via Transbalkan Pipeline To Avoid High Transit Fees

© Adobe Stock/RGtimeline

Ukraine's energy regulator has approved a gas import mechanism that will avoid high transit fees when supplying gas through the Transbalkan pipeline from Greece to Ukraine, the Ukrainian energy ministry said on Tuesday.Ukraine has faced a serious gas shortage since a series of devastating Russian missile strikes this year…

Orban, Orban: EU's plan to ban Russian imports of energy must be stopped

Viktor Orban, the Hungarian prime minister, told state radio that the European Union's plan of banning Russian energy imports should be stopped "by any means". EU executive announced earlier this month that the European Commission would propose next month legal measures to phase-out the EU's imports for all Russian gas…

How can the EU ban Russian Gas?

Next month, the European Commission will propose legal measures that will phase out EU gas imports from Russia by 2027 and prohibit spot contracts with Russia before the end this year. This is how it could work. How will the EU ban Russian gas? Legally, sanctions are the easiest way for the EU's to prohibit Russian gas and liquefied imports.

Uniper to build first solar farms in Sweden as part of renewables push

The German utility Uniper said that it is building its first two solar farms in Sweden, as part of an overall company effort to invest in renewable energy. Uniper, in partnership with Solgrid and the solar producer, will develop Segaas & Segerhult Solar Farms, which are planned to have a combined capacity of 35 Megawatts (MW) in central Sweden.

Documents show that Eni, an Italian company, delivered Russian gas to Turkey in the last year.

Eni supplied gas to Turkey last year, according to documents published on the Italian energy company's website on Monday. This confirms that the company is still dealing with Russian gas, despite the suspension of supplies within Europe. Documents show that in a response to a written question from an Eni shareholder…

Transmission operator: Ukraine imports more gas

The operator of the national gas transmission system reported that Ukraine increased its gas imports to approximately 15.5 million cubic meters (mcms) per day over the weekend and Monday, compared with 14.5 mcms per day the previous week. After Russian missiles damaged the production facilities to the east of Ukraine…

TurkStream gas pipeline may slow down EU-Russia decoupling

May 7 - While the European Commission has announced a revised plan to wean Europe off Russian energy completely by 2027, some parts of Europe have taken the opposite approach. The TurkStream pipeline is not only still operating, but has expanded its gas supply. Since the beginning of the conflict in Ukraine, Russian gas exports have dropped dramatically.

European Commission proposes 17th Russia sanctions package

EU diplomats confirmed on Tuesday that the European Commission has proposed to add more individuals and over one hundred vessels connected to Russia's Shadow Fleet to its 17th package against Moscow. One source said that the extension will continue until June of next year due to its importance for Japan.

EU countries expect 'simple' 17th Russia sanctions package

EU diplomats say that the EU countries are not expecting any major restrictions to be added in the next package against Russia of sanctions, which will be shared by the Commission with the member states on Tuesday. They said the package proposal was earlier than expected and that member states had not been formally consulted on its contents in advance…

Operator data shows that Ukraine increased its gas imports on Thursday by 40%.

The operator of the national gas transmission system announced that Ukraine would increase its gas imports on Thursday by almost 40%, to 13,3 million cubic meters. This is due to an increased import from Hungary. After Russian missiles damaged the production facilities to the east of Ukraine…

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