Egypt, Hungary Hold Bilateral Talks on Energy MoU at EGYPS 2023

• Sunday, 12th February 2023
• by Fatma Ahmed

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Hungarian Deputy State Secretary for Energy Security Dora Zombori to discuss a memorandum of understanding (MoU) that was signed between the ...

Gazprom Increases Gas Flow to Hungary Through Turkstream Pipeline

• Sunday, 14th August 2022
• by Israa Ibrahim

According to a Hungarian foreign ministry official, Russian gas giant Gazprom has increased its flows to Hungary via the Turkstream pipeline, Reuters reported. Due to Russia’s invasion of Ukraine, Hungary has ma...

Gazprom Cuts Off Gas Supply to Poland, Bulgaria

• Wednesday, 27th April 2022
• by Israa Ibrahim

In response to sanctions imposed by the West for the invasion of Ukraine, Russia’s Gazprom halted gas supplies to Poland and Bulgaria after they failed to pay in roubles, Reuters reported. After the invasion of ...

Gazprom, MVM CEEnergy Sign Deal to Supply Hungary with Russian Natural Gas

• Tuesday, 28th September 2021
• by Fatma Ahmed

Gazprom Export and MVM CEEnergy have signed two long-term contracts in Budapest that will supply Hungary with Russian natural gas, a press release published by Gazprom announced. The two contracts include total suppli...

Hungary Considers Importing Natural Gas from Egypt

• Wednesday, 24th February 2021
• by Editorial Team

Hungary aims to utilize Egyptian natural gas via future distribution centers in Egypt once a Greek-Bulgarian pipeline is complete, according to a press conference. This was announced during a press conference by Péter...

El Molla Discusses Cooperation with Hungary’s Ambassador

• Sunday, 25th October 2020
• by Fatma Ahmed

The Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed with the Hungarian Ambassador to Egypt, András Kovacs, ways of cooperation in the oil and gas sector, according to a press release. This came ...

Hungary Signs Deal to Purchase 4.2 bcm From Russia 

• Thursday, 25th June 2020
• by Editorial Team

Hungary has signed a year agreement with Russia’s Gazprom for 4.2 billion cubic meters (bcm) of gas from the period of October 2020 to October 2021, according to Neftegaz. Despite having just penned this one-year deal...

Iran to Sell 1m Barrels of Crude to Hungry

• Tuesday, 4th October 2016
• by Egypt Oil & Gas

Iran will export 1m barrels of crude oil to Hungry during November, reported Tasnim News Agency. The National Iranian Oil Company’s (NIOC) Director for International Affairs, Mohsen Ghamsari, said: “The co...

Ukraine’s Gas Stocks Increase by 16.7%

• Tuesday, 12th July 2016
• by Egypt Oil & Gas

After the completion of Ukraine’s 2015/2016 heating season, natural gas stocks that are stored in the country’s underground facilities have increased by 16.7% or 1.406bcm, reported Interfax Ukraine. UA Position furthe...