There is no delay in the preparation and loaning procedure for the Paks nuclear power plant’s upgrade, Minister of Foreign Affairs and Trade Péter Szijjártó stated in Moscow, following talks with his Russian counterpart.

He stated that Hungarian-Russian agreements on the expansion are in force and are not affected in any way by Western sanctions imposed on Russia. Boosting the capacity of the Paks nuclear plant is a key project regarding Hungary's energy security, the minister emphasised, adding that the Hungarian Government made the best possible decision by concluding an agreement with Russia.

Regarding the planned South Stream gas pipeline project, the minister stated that Europe must realise energy dependence is one of its top challenges. Until alternative routes and energy sources are put in place, no progress will be made to solve Europe's energy security, he said.   

The South Stream pipeline must certainly meet EU regulations, as “we believe that member states must also meet these norms in the field of energy”.

Mr. Szijjártó mentioned that even though Hungary is able to transport gas to Romania and Croatia, importing from these two countries is not yet possible as further investments are still necessary from their part.

Following his meeting with Russian Minister of Foreign Affairs Lavrov, he also stated that Hungary hopes the EU and Russia will resume and speed up negotiations on the South Stream project as soon as possible.

(MTI, Ministry of Foreign Affairs and Trade)