The must-have newsletter about Hungary

Related Articles

HUNGARY OFFERS TO BUY 25% OF KRK LNG TERMINAL

 

The Hungarian government has made an offer to buy 25% of a liquid natural gas terminal “possibly built” on Krk Island in Croatia, Foreign Minister Péter Szijjártó told journalists in Dubrovnik following talks with Croatia’s environment and energy minister.

After meeting Tomislav Ćorić on the sidelines of a China-Central and Eastern Europe summit, Szijjártó said it was crucial for central Europe to diversify its gas supplies. He said it was in Hungary’s strategic interest that the terminal should be built and should offer gas to Hungary at a competitive price. He added that the decision and the plans for the terminal have been in place, but “there has been no progress” in the physical implementation.

He added that Croatia had “not yet provided a clear answer” on the matter, as the country wants to take a decision on Hungary’s offer at the same time as it contracts gas volume. Investing in the terminal is “a strategic issue” but “we will certainly not buy gas at a higher price than at present,” he said, adding that the negotiations would continue.

Szijjártó had talks with his Romanian counterpart Teodor Meleșcanu, and said that despite recent, “worrying” developments impacting ethnic Hungarians in Romania, “neither country is interested in increasing tension in ties” and “it is better to discuss open issues face to face”.