Orban is confident that Hungary is not threatened by a shortage of gas and electricity

BUDAPEST, September 8 — PRIME. Hungary is not threatened by a shortage of gas and electricity, so there will be no need to stop industrial enterprises, which may be attractive to potential investors, Prime Minister Viktor Orban said at the opening of the Bosch Innovation Campus in Budapest.

“We will not have an energy shortage, and this is not a forecast, but a statement of fact… There will be enough gas and electricity in Hungary, that is, there will be no need to stop or close any factories due to lack of energy. There will be enough energy for everyone, and everyone Those who want to invest and produce here will be able to come here and invest,” MTI quoted Orban as saying.

According to him, one of the strategic goals is “turning Hungary into one of the most innovative economies in Europe”, so the programs and developments that lead the Hungarian economy in this direction will be continued and strengthened.

Earlier, the Financial Times, citing data from the consulting company Energy Prices, reported that the highest electricity prices for households among European countries are in the UK, gas prices are in the Netherlands, and the lowest gas prices are observed in Hungary.

In July, the Hungarian government declared a state of emergency in the energy sector, which includes a package of seven measures: increasing the country’s gas production from 1.5 to 2 billion cubic meters, finding more than 700 million cubic meters of additional gas to fill storage facilities, a ban on the export of energy and firewood, increase in coal production, accelerate the restart of blocks of the Matra coal-fired power plant, extend the life of the Paks nuclear power plant and cut the preferential program of utility bills.

Hungarian Foreign Minister Peter Szijjarto visited Moscow a week after the introduction of the state of emergency, where he held talks with Russian Foreign Minister Sergei Lavrov, at which the issue of supplying additional volumes of Russian gas to the Hungarian market was discussed. According to Lavrov’s results, Hungary’s request will be immediately considered. In mid-August, Gazprom began delivering gas in excess of the established contracts. Later, Szijjarto announced that an agreement had been signed with Gazprom, according to which, from September 1, an additional 5.8 million cubic meters of gas would be supplied to the country daily through the Turkish Stream and Serbia.