Hungary and France sign a 10-year LNG supply contract

12:09 - 2.10.2025


October 2, Fineko/abc.az. Hungarian oil & gas company MVM has signed a contract with Engie (FRance) for the supply of 4 bcm of liquefied natural gas (LNG) from 2028 to 2038, ABC.AZ reports, quoting Hungarian Minister of Foreign Affairs and Foreign Economic Relations Peter Szijjarto.

"This long-term agreement guarantees us the annual purchase of 400 million cu m of natural gas from 2028 to 2038, which will total 4 bcm," Szijjarto said at a press conference in Budapest after the signing ceremony.