The Eastern Opening policy has greatly enhanced Hungary’s ability to diversify its natural gas import sources and the commencement of Turkish natural gas deliveries on April 1st, 2024, will amplify this policy’s effectiveness. For further diversification, there’s an emphasized need for a firmer commitment to boost imports from Azerbaijan and Turkmenistan.
Crucial milestones regarding the expansion of the nuclear plant in Paks are the construction of the containment structure and the reactor vessel, of which the former has been completed, while the manufacturing of the latter is set to commence shortly. It is expected to reach another milestone, the ‘first concrete’, by the end of this year.
The conservative position in the United States is that American exports should be ramped up to secure European energy stability and American influence, pushing back Russia’s own power across the continent while questioning the validity of the environmentalists’ alarmism in the process. While U.S. policy is already moving in such a direction through its increased LNG exports, a possible conservative administration in 2024 seems to have its agenda set to push the effort into overdrive.
During a joint press conference with Alexey Likhachev, the head of the Russian nuclear energy company Rosatom, Péter Szijjártó welcomed the start of the construction of new reactors in Paks. He pointed out that the expansion is currently the largest nuclear project on the continent with a construction permit.
According to the ministry’s statement, Foreign Minister Szijjártó minister reported on the progress of the Paks project during a hearing of the Sustainable Development Committee of the National Assembly, welcoming the fact that the visible phase of the project is now underway.
James Woudhuysen, the author of the study and a guest professor at London South Bank University, stated that the EU energy policy and decision-making are more ‘performative’ than effective, and the related decisions have not improved but rather worsened the energy situation in the EU.
‘Hungary has submitted the draft contract modifications to the European Commission, and we received the green light from them yesterday,’ Minister of Foreign Affairs and Trade Péter Szijjártó announced.
Prime Minister Viktor Orbán’s approach to the Russian-Ukraine war is not Russia-sympathetic, but Hungarian-pragmatic. He has made it clear that Hungary condemns the Russian invasion into Ukraine and stands for Ukrainian sovereignty, but not to the point that agreeing to energy sanctions would crush Hungary’s economy.
The Prime Minister said that the rebuilding of Russian-European economic relations after the war would be desirable, but it is unlikely to happen any time soon.
Austria’s Chancellor was the first Western leader to meet with Putin after the invasion. Now, despite strong criticism, Russian representatives were granted visas to Austria to attend the OSCE summit in Vienna in February.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.