Marco Rubio's Visit to Hungary and Slovakia Highlights U.S. Focus on European Energy Security
U.S. Secretary Marco Rubio's visits to Hungary and Slovakia emphasize American strategies to control critical energy supply routes in Europe. In Slovakia, plans for a new nuclear reactor at the Jaslovské Bohunice Nuclear Power Plant involve potential collaboration with Westinghouse Electric Company. Hungary has signed LNG agreements with Chevron for gas deliveries and discussed acquiring modular reactors. Meanwhile, Serbia faces U.S. sanctions affecting its oil refinery operations. The U.S.'s LNG imports to the EU have surged, with significant contracts aimed at reducing reliance on Russian gas.
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Marco Rubio's visits to Slovakia and Hungary are part of a larger U.S. strategy to dominate European energy supply routes. In Slovakia, the government plans a new 1,200 MW reactor at the Jaslovské Bohunice Nuclear Power Plant, potentially involving Westinghouse Electric Company.
In Hungary, agreements with Chevron include two billion cubic meters of LNG and the purchase of up to ten modular reactors. Serbia's oil refinery, NIS, is impacted by U.S. sanctions, necessitating the sale of a majority stake by Gazprom Neft by March 2026. The U.S. has increased its LNG supply to the EU, now accounting for nearly 60% of imports, as part of efforts to reduce dependency on Russian gas.
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