FM: TurkStream pipeline is ‘indispensable’ for central Europe’s gas supplies
Minister Szijjártó said the TurkStream pipeline has been a reliable delivery route for years.
Minister Szijjártó said the TurkStream pipeline has been a reliable delivery route for years.
The foreign minister welcomed that in a few days, "the United States will have a president who views Hungary as a friend and not as an enemy".
Minister Szijjártó said that all countries had the sovereign right to decide from what source and via which route they buy and access the energy needed for their operations.
Minister Szijjártó said the inclusion of Gazprombank on the United States sanctions list was an attempt to put countries in Central and Southeastern Europe that use Russian energy in a difficult...
HUF 880bn has been earmarked in the 2025 budget bill to support regulated utilities prices.
The foreign minister praised Serbia, Bulgaria and Turkey for being dependable transit countries for energy deliveries.
Minister Szijjártó expressed satisfaction about energy cooperation with Russia. "I can only talk about my own experiences rather than others', and I also expect others not to talk about mine."
Hungary's responsible economic development strategy must be based on sustainably produced, cheap energy; in Hungary, that can be ensured mainly through solar and nuclear energy, the foreign minister said.
Hungary has imported 275 million cubic metres of gas from Turkey this year, and the two countries have now agreed to continue the partnership.
Hungary's MOL is the third-largest shareholder in the Azeri-Chirag-Deepwater Gunashli (ACG) field, after the State Oil Company of the Republic of Azerbaijan (SOCAR) and BP, which operates the JV.
Minister Szijjarto said the government had a duty to guarantee a secure and stable energy supply while keeping environmental protection aspects in mind.
For Hungary, the EU set a ratio of 86 percent by Sept 1 which the country met already in mid-August.
The foreign minister highlighted the importance of the Turk Stream gas pipeline in terms of Hungary’s gas supplies, as well as Hungary’s 15-year gas purchase agreement with Gazprom, signed in 2021.