Chevron to supply Hungary with 2 billion cubic metres of LNG, minister says

Group 1 - Hungary's state-owned MVM group has signed a 5-year deal with U.S. energy company Chevron for the supply of 2 billion cubic metres of liquefied natural gas [1] - This agreement is part of Hungary's strategy to diversify its energy sources and reduce dependence on Russian gas [1] - The deal reflects ongoing efforts by European countries to secure alternative energy supplies amid geopolitical tensions [1] Group 2 - The contract with Chevron is significant as it marks a long-term commitment to liquefied natural gas procurement [1] - The Hungarian foreign minister emphasized the importance of this agreement for national energy security [1] - The deal is expected to enhance Hungary's energy resilience and support its economic stability [1]