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Gergely Gulyás, Minister responsible for the Prime Minister’s Office
Despite the numerous risks, Hungary’s supply of gas, electricity, and fuel is secure thanks to strategic reserves, and the government can maintain the guaranteed price, Gergely Gulyás, minister responsible for the Prime Minister’s Office, said at a government press briefing Thursday morning.
As Magyar Nemzet reports, the minister recalled that the protected price is also due to the exemption that Viktor Orbán secured in Brussels in 2022. Although Ukraine had halted oil deliveries, procurement through alternative routes has already begun, he emphasized.
Minister Gulyás: Hungary’s energy supply is secure despite growing risks
Only a government that can resist war pressure can protect Hungary.
Minister Gergely Gulyás said Hungary’s energy supply remains stable despite mounting external risks, while also addressing a… pic.twitter.com/FkyTMMrOcF
— Zoltan Kovacs (@zoltanspox) April 9, 2026
Gergely Gulyás also noted that
the European Commission had called on Hungary to lift the price caps, but the government will not comply with this request.
“The course Brussels is pursuing is wrong. The claim that technical assistance would be provided is not true; if we were to lift the price caps, it would place a significant burden not only on families but also on the economy and businesses,” Minister Gulyás stressed, adding that this is precisely why the government rejects the demand, just as it did in connection with the liberalization of the gas and electricity markets.
The minister pointed out that lifting price caps on gasoline and diesel at current prices would increase the average household bill by 48,600 forints (129 euros), raising electricity prices by 16,000 forints (42 euros), and eliminating subsidized prices would add another 31,000 forints (82 euros).
“We are currently facing the risk of being on the brink of an energy crisis,” the politician said, adding that soaring energy prices and fuel shortages are looming.
No matter what the Brusselians demand, Hungary will maintain its system of protected fuel prices.
These prices will remain available only to Hungarian families, businesses, and farmers.
For us, Hungary comes first!
— Orbán Viktor (@PM_ViktorOrban) April 2, 2026
In his view, it is important to have reserves and to ensure that supply routes are not blocked for ideological or political reasons.
“They want to force Hungary to decouple from cheap Russian energy, but we will not give in—common sense still prevails here,” he emphasized.
Gulyás also recalled that a sabotage attempt against the TurkStream pipeline in Serbia—crucial for Hungary’s energy supply—had been successfully prevented. Military protection of the pipeline has been strengthened, and he expressed thanks to the Serbian authorities. The defense council has made the necessary decisions, Serbian authorities are continuing their investigation, and Hungary will ensure the pipeline’s protection by all means necessary, he added in response to journalists’ questions.
The minister also provided information about talks with U.S. Vice President JD Vance. As he emphasized, the Hungarian government is proud to maintain such strong relations with the world’s leading power.
Trade volume between the two countries has never been higher than last year, and based on figures from the first month of this year, it will be even higher this year,”
he noted.
He also said that the topic of a financial safety net was discussed with the American vice president. According to the minister, there is currently no need for it, but the U.S. administration is open to the idea and negotiations are ongoing. “It is good news for our country that the world’s strongest economic power has promised to provide a financial safety net in any crisis situation. The existence of this agreement fundamentally strengthens the Hungarian economy,” Gulyás said.
Via Magyar Nemzet, Featured image: MTI/Balogh Zoltán
The post Government Holds Firm on Price Caps, Assures Secure Energy Supply appeared first on Hungary Today.
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