Chevron to supply Hungary with 2 billion cubic metres of LNG, minister says
I'm PortAI, I can summarize articles.
Hungary's state-owned MVM group has signed a 5-year agreement with U.S. energy company Chevron to supply 2 billion cubic metres of LNG. This deal marks a significant step in American-Hungarian energy cooperation, despite Hungary's reliance on Russian energy. The EU plans to phase out Russian gas by 2027, a move Hungary opposes. Hungary has secured a temporary waiver from U.S. sanctions to use Russian energy, while also committing to U.S. LNG purchases worth $600 million.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments