Hungary orders export ban on energy sources, curbs utility price caps

Hungary orders export ban on energy sources, curbs utility price caps
  • Country:
  • Hungary

Hungarian Prime Minister Viktor Orban's government has ordered an export ban on energy sources and scrapped a years-long cap on utility prices for households using energy above average consumption levels, a senior aide said on Wednesday.

The measures, which also include a plan to boost domestic gas output to 2 billion cubic metres from 1.5 billion, will take effect from August to ensure the continued supply of energy in winter, Orban's chief of staff, Gergely Gulyas said.

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