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Hungary Aims to Extend Existing LNG Supply Deal With Shell

LNG

Hungary intends to extend its existing LNG supply deal with Shell beyond 2027 and also hopes to increase the quantity of supplies, Foreign Minister Peter Szijjarto said, cited by Bloomberg.

  • Szijjarto said Hungary intends to rely on natural gas for a long time.
  • Under the existing contract with Shell, Hungary receives 250mcm of LNG until 2027 via the Croatian LNG port on the island of Krk.
  • Hungary’s MCM has booked 1bcm annual capacity at the terminal until 1 October 2027.

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