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Hungary declares energy emergency — Analysis

Budapest will prohibit exports, and increase domestic production to meet winter shortages

Due to the tightening supply of energy, Wednesday saw Hungarian authorities declare a state emergency. Gergely Gulyas was an adviser to Viktor Orban and announced that the production of domestic and imported gas will increase and that gas reserves will be increased in time for winter in Europe.

Gulyas explained to reporters that Europe is unlikely to have enough gas in the autumn and winter because it has cut itself off from Russian energy imports. He announced seven points to address the crisis in supply, which he will implement starting August.

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