On Thursday, Minister of State for Energy Affairs András Aradszki told public television channel M1 that the spread of liquefied natural gas (LNG) could increase Europe’s security of energy supply.
Commenting on the process designed to set up an energy union to facilitate the creation of an EU-level energy market, the State Secretary at the Ministry of National Development responsible for energy affairs told news channel M1 that Hungary agrees with the need to strengthen regional cooperation on energy security and energy supply.
In Berlin on Tuesday András Aradszki, Secretary of State for Energy Affairs at the Ministry of National Development, said that the construction of the Nord Stream 2 natural gas pipeline connecting Russia and Germany may result in Hungary having to procure this energy source at a price higher than it does now.
On 18 March 2016, on behalf of Hungary, Poland, Slovakia and Slovenia, the Hungarian Ministry of Transport submitted to the European Commission a letter of intent for the establishment of the new “Amber” rail freight corridor 11. This is intended to facilitate cross-border rail freight between the four countries. The corridor links the Slovenian seaport of Koper and the Polish dry port in Małaszewicze on the Belarusian border, with important industrial centres and intermodal terminals in Hungary, Slovakia, Slovenia and Poland; it also includes a connection to the border with Serbia.
Nuclear power is the cornerstone of secure energy supply in Hungary today, and this will remain so in the long run, declared Miklós Seszták, Minister for National Development, after visiting the Paks Nuclear Power Plant on 21 March 2016. According to the Minister, the nuclear power plant, which operates increasingly efficiently due to continuous development, is also essential for maintaining the results of utility rate cuts.
The implementation of more than 300 kilometres of priority road development has reached another important milestone. In Budapest on 2 March 2016, Minister for National Development Miklós Seszták signed a grant agreement with a total value of HUF 667 billion.
The Minister of National Development has signed contracts for a total of eight areas with the four companies which were awarded permits following the tender invitations for hydrocarbon extraction concessions published in April 2015.
“2016 will see the beginning of 1100 billion forints (EUR 3.5bn) of investment in transport throughout Hungary, 670 billion (EUR 2.1bn) of which will already be spent in 2016”, László Tasó announced.
On Tuesday in Paris, Minister of State for Energy András Aradszki Director–General of the Global Green Growth Institute Yvo de Boer concluded a bilateral agreement. Hungary has taken another significant step towards calling a strong climate protection cooperation to life and successfully implementing the new climate convention.
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