>>180362, >>180363, >>180364, >>180365, >>180366, >>180367, >>180368, >>180369, >>180370, >>180371, >>180372, >>180373, >>180374, >>180375, >>180376, >>180377, >>180378, >>180379, >>180380, >>180381, >>180382, >>180383, >>180384, >>180385, >>180386, >>180387, >>180388, >>180389, >>180390, >>180391, >>180392, >>180393, >>180394, >>180395, >>180396, >>180397, >>180398, >>180399, >>180400, >>180401, >>180402, >>180403, >>180404, >>180405, >>180406, >>180407, >>180408, >>180409, >>180410, >>180411, >>180412, >>180413, >>180414, >>180415, >>180416, >>180417, >>180418, >>180419, >>180420, >>180421, >>180422, >>180423, >>180424, >>180425, >>180426, >>180427, >>180428, >>180429, >>180430, >>180431, >>180432, >>180433
>>180362, >>180363, >>180364, >>180365, >>180366, >>180367, >>180368, >>180369, >>180370, >>180371, >>180372, >>180373, >>180374, >>180375, >>180376, >>180377, >>180378, >>180379, >>180380, >>180381, >>180382, >>180383, >>180384, >>180385, >>180386, >>180387, >>180388, >>180389, >>180390, >>180391, >>180392, >>180393, >>180394, >>180395, >>180396, >>180397, >>180398, >>180399, >>180400, >>180401, >>180402, >>180403, >>180404, >>180405, >>180406, >>180407, >>180408, >>180409, >>180410, >>180411, >>180412, >>180413, >>180414, >>180415, >>180416, >>180417, >>180418, >>180419, >>180420, >>180421, >>180422, >>180423, >>180424, >>180425, >>180426, >>180427, >>180428, >>180429, >>180430, >>180431, >>180432, >>180433,
>>180434, >>180435, >>180436, >>180437, >>180438, >>180439, >>180440, >>180441, >>180442, >>180443, >>180444, >>180445, >>180446, >>180447, >>180448, >>180449, >>180450, >>180451, >>180452, >>180453, >>180454, >>180455, >>180456, >>180457, >>180458, >>180459, >>180460, >>180461, >>180462, >>180463, >>180464, >>180465, >>180466
White House Press Pool Reports @WHPressPool - Fact Sheet: Advancing the United States-Hungary Bilateral Partnership
FOR IMMEDIATE RELEASE
04/08/2026
Advancing the United States-Hungary Bilateral Partnership
On his historic trip to Budapest, Vice President JD Vance reinforced a new era of U.S.-Hungary bilateral cooperation in energy, technology, and security. The achievements outlined below advance a shared bilateral agenda rooted in innovation, strategic stability, and long‑term economic and security partnership.
Strengthening Energy Cooperation
• U.S. Crude Oil Purchases: Hungary’s energy company, MOL Group, purchased 510,000 tons of crude oil worth $500 million from the United States and American energy companies to deepen our strategic energy partnership.
• Small Modular Reactor (SMR) Study: Under the Intergovernmental Agreement focused on civil nuclear energy, the United States is supporting a front-end engineering and design (FEED) study to facilitate the deployment in Hungary of a new U.S. SMR, ensuring Hungary’s role as a key partner in European energy security. The FEED study paves the way for Hungary to move forward with the purchase and construction of up to 10 U.S. SMRs, with a potential total value of $20 billion. Several U.S. companies including GE Vernova, Holtec, and Westinghouse signed MOUs with Hungary's electricity provider, MVM, on SMR collaboration.
• Lifetime extension of Paks1: Westinghouse and MVM signed MOUs to explore the use of Westinghouse technology to extend the lifetime use of the Paks 1 nuclear power plant and to collaborate on SMR technology. This MOU, which builds on the November 2025 agreement for Westinghouse to supply nuclear fuel, will further bolster Hungary’s energy security through U.S. cooperation.
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