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flag Hungary signs 5-year LNG deal with Chevron, keeps boosting Russian gas imports despite EU phase-out goals.

flag Hungary has signed a five-year LNG deal with Chevron to import 400 million cubic meters annually, part of efforts to diversify energy sources amid ongoing reliance on Russian gas. flag Despite EU targets to end Russian imports by 2027, Hungary remains the top EU buyer, increasing Russian gas imports by 15% in October 2025 and maintaining long-term contracts with Gazprom. flag The country also plans to extend its nuclear plant’s life and introduce U.S.-made nuclear fuel by 2028–2029. flag While Hungary has secured additional non-Russian gas deals, it continues to resist EU-wide phase-out mandates, citing energy security and economic concerns.

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