Hungary seeks to import Turkmen gas

Hungary seeks to import Turkmen gas

Hungary is interested in getting gas from many sources and routes as possible, and Turkmenistan has the fourth largest natural gas supply after Russia, Iran and Qatar, so we are interested in b bringing Turkmen gas to Europe, said Secretary of state for information and international representation of the Hungarian foreign ministry Tamás Menczer. The statement came on Tuesday after a meeting of the Turkmen-Hungarian joint commission on economic cooperation in Budapest.

According to him, during the meeting, the Hungarian side expressed its intention to purchase up to 5 billion cubic meters of gas from Turkmenistan per year, once the necessary gas transport infrastructure in the European direction is available.

– As for gas transportation, Turkmen gas could reach the Southern Gas Corridor via Azerbaijan and Turkey, – the Hurado news portal quotes Menczer.

Currently, Hungary’s energy mix consists of almost half of nuclear energy, and up to 90% of oil and gas consumption rely on imports from Russia.

The country’s National Energy Strategy 2030, whose motto says “independence from energy dependence”, reckons diversification of natural gas sources and transit routes among key elements of energy security.

Budapest’s hopes that Turkmenistan’s gas resources will feed the common energy flow of Central Europe have been voiced by Hungarian officials before. In particular, energy cooperation between the two countries was one of the main topics of discussion during the visit of the minister of foreign affairs and trade Péter Szijjártó to Ashgabat in May last year.