Last year, approximately 1.17 million tons of crude oil were extracted from Hungarian fields, the highest figure in the 2000s. Nearly two billion cubic meters of natural gas were extracted, with production exceeding this level last seen in 2013, says a joint statement issued by the Ministry of Energy and the Supervisory Authority for Regulatory Affairs of Hungary.
The amount of crude oil extracted from Hungarian deposits increased again last year, by more than a quarter of a million tons compared to 2021 levels. The spectacular increase in performance is well illustrated by the fact that production exceeded 100,000 tons in the first six months of 2025, which was unprecedented in the previous year, they wrote.
Domestic fields produced nearly two billion cubic meters of natural gas last year, more than one-fifth of the country’s annual consumption.
In order to maintain and increase the extraction of fossil fuels in Hungary, the Ministry of Energy reissued mining concession tenders in 2024 after a five-year hiatus.
Successful applicants won 20-year rights to explore and extract hydrocarbons in six areas.
Based on the positive experience, the ministry will soon announce new concessions, they revealed.
Gábor Czepek, Parliamentary State Secretary of the Ministry of Energy, emphasized that in order to reduce import exposure, it is worthwhile to meet as much of the energy demand as possible from sources available within the country’s borders.
In addition to the responsible management of mineral resources, Hungary is also making good progress in the increased use of renewable energy sources.
Thanks to its enormous solar energy capacity, the share of imports in electricity consumption will fall to 20% by 2025, the politician said. In the Jedlik Ányos Energy Program, the government is encouraging the efficient exploitation of the potential of non-weather-dependent biogas and geothermal energy with more support than ever before, he added.
The state secretary drew attention to the improvement of energy storage capacity. Through the Home Energy Storage Program and the Jedlik tender supporting companies, the government is providing a total of HUF 150 billion (EUR 394 million) to help install approximately 800 megawatts of new storage capacity, which will increase the current capacity fivefold, he added.
László Nagy, president of the Supervisory Authority for Regulatory Affairs, noted that the expansion of hydrocarbon production in Hungary confirms the success of the systematic legislation of recent years aimed at supporting mining. The 2025 production figures are impressive in themselves, but it is also important to note that they mark the peak of five years of continuous growth, reads the statement.
Via MTI, Featured image: Pexels
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