“If we look back over the past few years, we can see that the closer the cooperation between Hungary and Azerbaijan, the more we benefit from it, both in terms of the security of our country's energy supply and in terms of keeping the economy on a growth path," Hungarian Foreign Minister Peter Szijjarto said at a joint press briefing with his Azerbaijani counterpart Ceyhun Bayramov in Budapest on Monday.
The Hungarian government considers it a primary tasks to make steady progress in energy diversification, and Azerbaijan is a key player in that, the minister underlined.
It is good news that after years of negotiations, physical gas flows between Azerbaijan and Hungary started this year,
the foreign minister pointed out. The parties had previously agreed on the purchase of 100 million cubic meters of natural gas and the storage of another 50 million cubic meters in Hungary. The government wants to increase this to around one billion cubic meters a year, he added.
Whether it becomes reality, however, is not up to us, but to the European Union.
the minister said. Mr Szijjarto added that currently the gas transmission infrastructure in south-eastern Europe does not have sufficient capacity to meet the diversification needs of central Europe, but Brussels is not willing to help finance its expansion.
Therefore, Brussels has lost any legal basis to have a say in where the countries of Central Europe, including Hungary, buy their gas from,
he underlined.
The minister said that Azerbaijan was a very important partner for Hungary, not only in terms of energy but also the economy. “Our trade turnover in the first half of the year was already twice as high as in the whole of last year," he pointed out, adding that Hungarian companies are playing an important role in the reconstruction of the Azerbaijani territories that were retaken from Armenia in the autumn of 2020.
A settlement will be built entirely with the help of Hungarian companies, creating significant employment opportunities for the country’s construction sector.
A reliable partner
Azerbaijani Foreign Minister Ceyhun Bayramov praised the wide-ranging cooperation between the two countries. On top of economic and energy partnerships, it is also successful in the fields of education, culture, pharmaceuticals and sport, he said. He congratulated Hungary on the successful organization of the World Athletics Championships in Budapest.
In response to a question from Magyar Nemzet, Ceyhun Bayramov said that Azerbaijan has always been a reliable partner for European countries in terms of energy supply, previously transporting oil and now natural gas to the continent.
The state will export more than 8 million cubic meters of natural gas to European countries in 2021, 11.4 million cubic meters in 2022 and more than 12.5 million cubic meters this year, the foreign minister said. He added that in cooperation with partners, every effort would be made to meet the annual delivery of 20 million cubic meters of natural gas, as agreed between the European Commission and Baku last July.