• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
New goal: raise Hungary’s gas productionNew goal: raise Hungary’s gas productionNew goal: raise Hungary’s gas productionNew goal: raise Hungary’s gas production
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
  • EU rapporteur: Hungarian secret services have been leaking to the Russians for years – UPDATED

  • Wizz Air intentionally misleading its passengers? Hungarian authority investigates

Support us
Daily News Hungary Daily News Hungary · 26/05/2022
· Business

New goal: raise Hungary’s gas production

economy Hungarian economy Hungarian government industrial technology
Central heating pump Hungary gas

Photo: FB

The government is looking to bolster domestic energy production to strengthen independence from imported energy resources, László Palkovics, the technology and industry minister told a conference on Thursday.

Hungary is already in talks with the European Union regarding 16 billion euros in funding to bolster energy sovereignty, he said in his keynote speech at the Green energy and sustainability expo and conference in Zalaegerszeg, in southwest Hungary.

“Setting up the ministry of technology and industry in the [new] government is a declaration, among other things, of not wanting to give up on creating a greener environment but also wanting to find solutions to the challenges surrounding us,”

he said. The government is looking into exploiting the shale gas fields near Makó, in southeast Hungary, and reopening the oil wells in southwestern Zala County, he said. Those alternative technologies seemed unimportant earlier, “but may be needed in this new environment,” he said.

  • Read also: Orbán’s announcement: govt to protect utility cuts, cut excess profits

The goal is to raise Hungary’s gas production to an annual 2.5 billion cubic metres from 1.5 billion, he said.

Other projects include revamping the Mátra power plant in northern Hungary and shutting down the blocks using lignite in 2025,

Palkovics said. They would be “kept in reserve” and replaced by a hydrogen plant and a solar plant, he said.

szijjártó
Read alsoSzijjártó: Govt to protect utility fee cuts, pensions, full employment

Source: MTI

economy Hungarian economy Hungarian government industrial technology
Share
Daily News Hungary
Daily News Hungary

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • What happened today in Hungary? 7 February, 2023
  • PHOTOS: Hungarians saving many lives in Türkiye
  • EU rapporteur: Hungarian secret services have been leaking to the Russians for years – UPDATED
  • Hungary, Serbia fair partners in imported gas transits
  • PHOTOS: The Hungarian restaurant where you can have 24-carat gold cappuccino
  • Military convoys to swarm Hungary’s roads this week
  • Foreign workers are flocking to these Hungarian towns
  • Here is when Russia starts building Hungary’s new nuclear power plant

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V