Economics

Hungary has achieved its own: Russia took up a large energy project in the EU territory

Hungary will pay more than 12 billion euros for the implementation of the project. Work on the construction of the station is currently in the active stage. Hungary, which blocks financial assistance to Ukraine in the amount of 50 billion euros from the European Union and opposes the provision of military assistance to our country for protection against Russia, has agreed with the Russian Federation on the construction of a nuclear power plant (PACS).

This was reported on the social network Facebook by the head of the Hungarian Foreign Ministry Peter Siyarto. According to him, new NPP blocks should work after 2030. "It was a long way, but it is finally about construction, not documents," he said. According to the Hungarian official, the construction of the object on the project of Russian "Rosatom" started in August 2023. In particular, workers have arranged ditch for the fifth and sixth NPP units.

On the part of Russia, the signature was stated by the head of the corporation "Rosatom" Alexei Likhachev. According to him, the Russian Federation will pay the project "special attention", and it will be "the best forces". "Attention to this project will be increased," he said. Likhachev is convinced that the filling of the first concrete at the Hungarian NPP "Paksh-2" will take place by the end of 2024 or early 2025. Work on the construction of the station is currently in the active stage.

For many years, the aggressor has worked on obtaining a license to build its own nuclear power plant in the European Union. Thus, the construction of two new Paksh units of the Hungarian Parliament approved in 2009. In 2014, Hungary signed a contract with Rosatom for the construction of the fifth and sixth blocks with reactors according to Russian VVER-1200 technology. But the EU was delayed with a license.

The case moved from the dead point only in 2019, when Hungary reported that the EU permission was already there. In the same year, the first installation and construction works on the site began. However, Rosatom continued to wait for an official construction license. In May 2023, the head of the State Corporation Alexei Likhachev stated that sanctions would not affect the construction of a nuclear power plant and a license. The cost of the project is about 12. 5 billion euros.

Some media outlets wrote that Paksh II Construction Permission could be a condition that Russia agreed to give Hungary an additional 700 million cubic meters of gas. The Paksh NPP is built on the Soviet project, consists of four VVER-440 power units with a total capacity of 2 thousand MW. The units were launched in 1983-1987, they should work until 2032 and 2037, respectively.