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Fourth hydrocarbon well starts operation

The fourth well extracting hydrocarbons in Nyekpuszta, in southeast Hungary, started operation on schedule on Thursday, the energy ministry said on Friday.

The wells were opened in a bid to increase Hungary’s energy sovereignty and the security of supplies, in a conglomerate of companies with the participation of energy supplier MVM Group.

The wells have so far produced 46 million cubic meters of natural gas and 56,000 cubic meters of light oil, the statement said.

Domestic energy resources are a priority for Hungary’s government as a way to boost its energy sovereignty, the ministry said.

Hungary’s energy reserves are above 80 percent full even halfway through the heating season, the statement noted.

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