Hungary’s energy policies are solely based on two critical factors: security of supply and price, Minister of Foreign Affairs and Trade Péter Szijjártó emphasized. At the fifth Budapest LNG Summit conference, Szijjártó addressed recent energy crises and their profound impact, particularly on countries lacking significant domestic resources or seaports.
The Minister firmly stated that, “we are not prepared to accept that any other considerations should be taken into account other than these two.” He reiterated his opposition to the politicization and ideological entanglement of energy supply issues, warning that such approaches could jeopardize security.
Péter Szijjártó emphasized the necessity of dealing with energy supply based on practical realities rather than political ideologies. He highlighted Hungary’s unwavering focus on security and price, dismissing the inclusion of other factors. He stressed that:
infrastructure determines the energy mix and the decision-making on this issue. Infrastructure development, capacity expansion, is a key, vital issue …