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Title : Hungary Declares 'Energy Emergency'
link : Hungary Declares 'Energy Emergency'

Hungary Declares 'Energy Emergency'

Hungary's Prime Minister Viktor Orban arrives for the European Union leaders summit in Brussels, Belgium, in May 2022 [Johanna Geron/Reuters]  

Reuters: Hungary Orders Export Ban on Fuels, Curbs Utility Price Caps 

BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban's government has ordered an export ban on fuels like gas and scrapped a years-long cap on utility prices for higher-usage households, a senior aide said on Wednesday. 

The measures, which also include a

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plan to boost domestic gas output to 2 billion cubic metres from 1.5 billion, will take effect from August to ensure the continued supply of energy in winter, Orban's chief of staff Gergely Gulyas said. 

Gas supplies to Europe have tightened and fuel costs have soared since Russia's invasion of Ukraine in February and subsequent sanctions, leaving countries scrambling to refill storage and diversify supply channels.  

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WNU Editor: Hungary is doing what preppers are always doing. Hope for the best, prepare for the worse. 

Hungary Declares 'Energy Emergency'  

Hungary declares ‘energy emergency’ over threat of shortages -- AP  

Filling Up Gas Reserves Is Key to Economic Stability, Finance Minister Warns -- Hungary Today  

Hungary declares ‘energy emergency’ over threat of fuel shortages -- Al Jazeera

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