Overview
- Rubio confirmed the exclusion applies to the Paks-2 construction even though the project is being designed and built by Russia’s Rosatom.
- He said the U.S. is considering one-year extensions to existing exceptions for oil and gas supplies.
- Officials described the plant as already under construction and stressed the need to finish the planned reactors.
- Earlier U.S. measures in November 2024 disrupted Gazprombank channels used for Hungary–Russia energy and Paks-2 payments, prompting temporary exemptions.
- Hungary’s existing Paks plant provides roughly half of domestic power generation, and two new VVER-1200 units would lift capacity from about 2,000 MW to 4,400 MW.