Major agreement reached between the United States and Hungary on cooperation in liquefied natural gas and nuclear energy

The United States and Hungary have reached an agreement on the purchase of liquefied natural gas and nuclear energy!

The U.S. Department of State announced after the talks between the President and the Prime Minister of Hungary, Viktor Orbán, that the United States and Hungary have reached an agreement in the field of nuclear energy and have reached a consensus on the purchase of U.S. liquefied natural gas and weapons.

The statement said that both sides signed a memorandum of understanding in the field of nuclear energy, "We intend to start negotiations to promote cooperation in the civil nuclear industry, including small modular reactors and spent nuclear fuel. The United States and Hungary are working to make Budapest a hub for the emerging Central European small modular reactor market. Hungary intends to support the construction of up to 10 small modular reactors, with a potential value of up to $20 billion."

In addition, Hungary will purchase nuclear fuel for the Paks-1 nuclear power plant from Westinghouse, a U.S. company, worth about $114 million to replace Russian fuel.

Hungary has committed to sign a $600 million contract for the purchase of U.S. liquefied natural gas and plans to purchase $700 million worth of weapons and military equipment from the United States.

Original: www.toutiao.com/article/1848173707245580/

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