Fellegi said Hungary’s presidency had concluded items on the agenda according to schedule, with the exception of a package to boost transparency on the energy market, Fellegi said, adding that related negotiations with the European Parliament were under way and the issue could be closed before the end of Hungary’s presidency.
Concerning Fukushima, Fellegi said that the presidency had aided an timely agreement on stress testing nuclear plants, and succeeded in persuading countries neighbouring the single bloc to perform the same tests on their own reactors.
During the Hungarian presidency, nuclear safety was put at the forefront of negotiations on the future of international energy markets, both at a strategic level and in terms of day-to-day operations, the minister said.
Fellegi said that Germany’s announcement that the country would gradually terminate nuclear energy production would impact countries in the central and eastern European region, increasing demand for renewable sources of energy and boosting natural gas consumption in the short term, he added.
Fellegi said this development supported the Hungarian government’s philosophy of boosting the security of energy supplies and reducing the country’s dependencies. In the short run, it is important to promote diversified purchases and strategic movement in the region, he said, adding that it also justified Hungary’s recent decision to purchase a 21.2 percent stake in oil and gas company MOL from Russia’s Surgutneftegas.