Hungary and Romania count on natural gas supplies from Azerbaijan, Peter Szijjarto, Hungary’s Minister of Foreign Affairs and Trade, wrote on Facebook, as he met with Romania’s Minister of Energy Virgil-Daniel Popescu.
“On the one hand, both Romania and Hungary count on gas from Azerbaijan and on the other hand, are expecting to start gas extraction from the Black Sea,” he explained.
The minister pointed out that Hungary and Romania “have done their homework”, as they expanded the capacity of the pipeline, connecting the gas transportation systems of the two countries to 2.5 billion cubic meters.
“We’ve made a decision to construct a pipeline that will transport gas from the Black Sea to the Hungarian border,” added Szijjarto.
There is an agreement in place to start supplying 100 million cubic meters of gas from Azerbaijan to Hungary this year. Later, the two countries will ink a contract for 2 billion cubic meters per year. Hungary will import gas from Azerbaijan through Turkey. The details are being discussed by stakeholders.