Hungary is preparing to phase out Russian natural gas by autumn 2027, Foreign Minister Anita Orbán said in an interview with Telex, citing the EU timetable.

Hungary is preparing to phase out Russian natural gas by autumn 2027, Foreign Minister Anita Orbán said in an interview with Telex, citing the EU timetable. Energy company MOL is adapting refineries to handle non-Russian crude supplied via Croatia's JANAF pipeline. Budapest also has a temporary US sanctions exemption for certain Russian oil purchases until November 21 and is exploring MOL's potential acquisition of Gazprom's stake in Serbia's NIS oil company.