Madyar called ridding the EU of energy dependence “not a sprint, but a marathon”

Europe will lose competitiveness if it continues to buy most of the necessary energy resources abroad at high prices, said Hungarian Prime Minister Peter Magyar, speaking at the Konrad Adenauer Foundation.

We all know that the path to energy independence in Europe is not a sprint, but a marathon.

Madyar called for a shift from ideological disputes to concrete actions and, if necessary, a review of previous decisions and commitments.

“European companies and citizens can no longer wait. The time of high-profile speeches and ideological disputes is over, Madyar said.

From 2027, the EU ban on long-term imports of Russian LNG comes into force, pipeline gas supplies will be banned from September 30. At the same time, EU rules already prohibit the purchase of resources under short-term contracts.

On November 4, Foreign Minister Anita Orban said that Hungary will abandon Russian natural gas by the autumn of 2027.

In September, Hungarian Prime Minister Peter Magyar demanded compensation from the European Union for refusing Russian oil and gas. Hungarian authorities have also begun discussing gas purchases from Romania, including from the Neptun Deep field offshore the Black Sea, which could start production in 2027.

In Moscow criticized the energy policy of the European Union. The Kremlin warned that “squeezing” Russia from the European market will lead to an increase in gas prices for consumers. Press Secretary of the President of Russia Dmitry Peskov said that European countries “cut the branch on which they sat.”.