The Prime Minister explained that the war in our neighborhood and the Brussels sanctions implemented in response have brought about a unique dangerous situation while highlighting the energy weaknesses of Europe. According to him, this has caused the importance of Azerbaijan to skyrocket. He added that: “Though Azerbaijan has only recently become a strategically important country for Europe, Hungary and Azerbaijan’s friendship dates back much farther, we are not just ‘energy buddies.” The Prime Minister emphasized that “this is not just a friendly meeting, but a discussion around important strategic issues,” and then welcomed the fact that Budapest and Baku’s strategic cooperation thus far is being raised to the next level.
According to Viktor Orbán, the only promising answer to the energy crisis is diversification; the most realistic solution is Azeri energy being transported to Europe.
That is why we welcome Baku’s commitment to double the amount of natural gas coming from Azerbaijan to Europe by 2027
– said the PM.
“By last summer the European Union and Azerbaijan had come to an agreement to increase natural gas to the Member States by 2027 by 20 billion cubic meters. This could replace 30 percent of the capacity of the Nord Stream pipelines that transported natural gas from Russia to Europe before it was shut down last year due to damages caused by explosions,” pointed out the Oeconomus Economic Research Foundation (Oeconomus Gazdaságkutató Alapítvány) in its analysis.















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