Szijjártó: Energy Market Situation ‘Lethal’ for Competitiveness

The minister emphasised that the current situation is lethal for Europe’s competitiveness, with gas prices seven times higher than in the United States and electricity three times higher than in China. ‘Under the current circumstances, the solution is to focus on the supply side instead of the demand and bring as much gas to the European market as possible,’ he nailed down.

Szijjártó: A Ceasefire Would Save Lives

Péter Szijjártó expressed hope that members of the European and transatlantic community would adopt the Hungarian stance, adding that currently, on this hemisphere, war rhetoric is much louder and stronger than peace rhetoric.

Szijjártó in Belgrade: Our Gas Transit is Secure

Péter Szijjártó said the process of doubling the capacity of the gas interconnector between Serbia and Hungary by 2028 is on pace. With the two new nuclear power units at the Paks plant set to enter commercial operation in the early 2030s, both countries’ electricity supply will also remain secure.