Saturday, May 17, 2025
Caspian Barrel
Advertisement
  • Azerbaijan
  • Russia
  • Kazakhstan
  • Turkmenistan
  • Iran
  • İnteresting News
  • Green energy
  • Vacancy
  • About Us
  • Azərbaycan
  • English
  • Русский
No Result
View All Result
  • Azerbaijan
  • Russia
  • Kazakhstan
  • Turkmenistan
  • Iran
  • İnteresting News
  • Green energy
  • Vacancy
  • About Us
  • Azərbaycan
  • English
  • Русский
No Result
View All Result
Caspian Barrel
No Result
View All Result

Azerbaijan has started gas supplies to Hungary – Minister

11/09/2023
Венгрия планирует к концу года начать импорт газа из Азербайджана
10
VIEWS
Share on FacebookShare on Twitter

“At the meeting  on September 4 in Budapest, my colleague Peter Szijjarto said that Azerbaijani gas has already begun to flow to Hungary. Our plans are to increase the volume of supplies,” Bayramov said in an interview with the Azerbaijani state news agency AZERTAJ and the Hungarian edition of “Magyar Democrata.”

Thus, 5 EU countries have already become imperators of Azerbaijani gas – Italy, Greece, Bulgaria, Romania and Hungary.

“A number of other countries have also shown interest and expressed a desire to buy Azerbaijani gas. In particular, in April of this year, the energy companies of Azerbaijan, Hungary, Romania, Bulgaria and Slovakia signed an agreement called the “Solidarity Ring” with the aim of using domestic European gas interconnectors to increase the volume of Caspian gas supplies to them through the Southern Gas Corridor,” he said.

Bayramov added: “As you can see, the plans are big. Europe expects to receive 20 bcm of gas from us by 2027. The current dynamics allow us to take this bar. Azerbaijan supplied more than 8 bcm of natural gas to the EU in 2021. Last year it was already 11.4 bcm, and this year it is planned to reach the level of 12.5 bcm, and this is only to the EU countries. In addition to the EU, Azerbaijan is also the main supplier of natural gas to Georgia and one of the largest to the Turkish market.”

The Foreign Minister stressed that in addition to oil and gas, Azerbaijan plans to supply Hungary with “green energy”.

“On July 18, 2022, a Memorandum of Understanding on strategic partnership in the energy sector was signed between Azerbaijan and the European Union, and on December 17, 2022, a memorandum of understanding was signed in Bucharest on the establishment of a joint venture between Azerbaijan, Georgia, Romania and Hungary to implement a project providing for the transfer of Azerbaijani “green” electricity along the bottom The Black Sea to the European continent. Thus, the electricity of “green” origin is another segment in the Azerbaijani-Hungarian cooperation in the field of energy. But at the same time, I would like to note that all of the above will be fairly projected to the entire European Union, given that for many years Azerbaijan has been and remains a reliable partner in the field of ensuring the energy security of the European continent, including all the mentioned segments: oil, from 2020 – gas, and in the future – “green” electricity”,  said the minister.

It should be noted that earlier it was planned that Azerbaijan would begin gas supplies to Hungary in the fourth quarter of 2023 in the amount of 100 mcm meters. In addition, there is an agreement between Baku and Budapest to increase the volume of Azerbaijani gas supplies to Hungary to 1 bcm in subsequent years.

Tags: Gas exportHungary

Related Posts

Türkmənistan Qaz İxrac Edən Ölkələr Forumuna qoşulmaq üçün dəvət alıb
Turkmenistan

EBRD identifies key risks in Turkmenistan’s gas export plans

02/12/2024
Azerbaijan plans to increase gas supplies to Europe to 14 bcm in two years
Azerbaijan

Azerbaijan plans to increase gas supplies to Europe to 14 bcm in two years

15/04/2024
Доля Азербайджана в газовом импорте Болгарии достигла 52%
Azerbaijan

In April, Azerbaijan will provide 51% of Bulgaria’s natural gas needs

03/04/2024
Aliyev: Azerbaijan will continue to expand the geography of gas exports
Azerbaijan

Aliyev: Azerbaijan will continue to expand the geography of gas exports

17/02/2024
Azerbaijan will supply 1 bcm of gas to Bulgaria in 2023 
Azerbaijan

Azerbaijan will supply 1 bcm of gas to Bulgaria in 2023 

11/12/2023
Hungary plans to buy 1 BCM of natural gas from Azerbaijan
Azerbaijan

Hungary plans to buy 1 BCM of natural gas from Azerbaijan

05/09/2023
WTI Crude Price
Brent Crude Price

Vacancy

International Company is looking for a K951-ESG-Tech Prof-Completions, Assoc

16/05/2025
Vacancy

International Company is looking for a FRS09-ESG-Geoscientist II

16/05/2025
Vacancy

International Company is looking for an Assoc Tech Prof.-Cementing

16/05/2025
MOSCOW, RUSSIA - JULY 7, 2020: A fuel attendant works at a Rosneft petrol station. Sergei Fadeichev/TASS

Россия. Москва. Сотрудник автозаправочной станции компании "Роснефть". Сергей Фадеичев/ТАСС
Azerbaijan

Fuel expenses of Azerbaijan’s population rose by 7% in Jan.-Apr. 2025

14/05/2025
Vacancy

SOCAR Polymer LLC is looking for a Process Safety Team Leader

12/05/2025
Vacancy

PD&MS Group is looking for a Project Manager

11/05/2025
Vacancy

PD&MS Group is looking for a Contract Manager / SPA

11/05/2025
Vacancy

PD&MS Group is looking for a Lead Designer (Baku)

11/05/2025
Vacancy

International Company is looking for a Technical Advisor, PSL- Sales, Prin

06/05/2025
Vacancy

International Company is looking for an INSITE Spec-SDL, Jr (SV06-ESG)

06/05/2025

No Result
View All Result
  • Azərbaycan
  • English
  • Русский
  • Azerbaijan
  • Russia
  • Kazakhstan
  • Turkmenistan
  • Iran
  • İnteresting News
  • Green energy
  • Vacancy
  • Contact

© 2014 - 2024 CaspianBarrel - Xəzərin neft və qaz xəbələri.