HUNGARY WILL START IMPORTING TURKISH GAS THIS YEAR

Details: 19 February 2024

15.02.24

Hungarian energy conglomerate MVM and Turkish energy company BOTAS are already planning to sign an agreement to start natural gas supply in the second quarter of this year, Hungarian Foreign Minister Péter Szijjártó said, Report informs citing the Hungarian press.

According to him, Budapest has reached an agreement with Ankara on the supply of 275 million cubic meters of Turkish gas. Hungary will be the first country to import Turkish gas without a common border with Türkiye.

Szijjártó added that Hungary's MOL company, together with Türkiye’s TPAO company, is starting the initial process of developing oil and gas fields discovered in the southeastern part of Türkiye.

https://report.az/en/energy/peter-szijjarto-hungary-will-start-importing-turkish-gas-this-year/

Turkey

Capital: Ankara ( 5 270 57)

Other big cities: Istanbul (14 657 434), Izmir (4 168 415), Bursa (2 842 547), Antalya (2 288 45), Adana (2 183 16)

Form of government: Unitary parliamentary constitutional republic

Area: 783 652 km²

Population: 79 814 871 (2017)

Export: $150,2 billion (2016)

Import: $191 billion (2016)

International Organizations: United Nations (UN), Council of Europe (COE), the European Union (EU), D-8, G-20, Turkish Council, TURKSOY, Islamic Cooperation Organization, The Association of Southeast Asian Nations (ASEAN), Asian Cooperation Dialogue (ACD), Shanghai Cooperation Organization (SCO), Union for the Mediterranean, World Trade Organization (WTO), World Bank, the Organization for Economic Co-operation and Development (OECD), the Islamic Development Bank (IDB), the Economic Cooperation Organization (ECO), the Black Sea Economic Cooperation Organization (BSEC), the North Atlantic Treaty Organization (NATO), Organization for Security and Co-operation in Europe (OSCE), Asian Conference on Measures and Security Measures (CICA), Black Sea Naval Cooperation Task Group (BLACKSEAFOR), Organization of the Eurasian Law Enforcement Agencies with Military Status (TAKM), Interpol, International Maritime Organization (IMO), International Telecommunication Union (ITU), World Postal Union (UPU), European Patent Office (EPO), European Civil Aviation Conference (ECAC) European Telecommunication Standards Institute (ETSI), European Broadcasting Union (EBU), International Olympic Committee (IOC), International Federation Football Association (FIFA), Union of European Football Associations (UEFA).