Report summaryThe Algyö oil and gas field is the largest discovered in Hungary, and the biggest producer of gas. It is located close to the Romanian border. Historically, the field has produced approximately 40% of Hungarian crude and is also the biggest producer of gas in Hungary.Production from Algyö has been in decline since it peaked in the mid-1970s. However it is still by far the most important oil field in the country, accounting for over one quarter of remaining oil reserves.A major ...
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