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Hungary to purchase 800 million cubic meters of gas from Azerbaijan under two-year deal
- 11 December, 2025
- 14:38
Hungary has signed a new two-year agreement with Azerbaijan to import natural gas, Hungarian Foreign Minister Péter Szijjártó announced on social media, Report says.
"Another natural gas purchase agreement - this time with Azerbaijan, for two years, totalling 800 million cubic meters," Szijjártó wrote.
On December 10, the State Oil Company of Azerbaijan (SOCAR) and Hungary"s MVM ONEnergy signed a new agreement on natural gas supplies.
SOCAR and MVM CEEnergy had previously concluded a contract in June 2023 for the delivery of 100 million cubic meters of gas, with shipments starting in April 2024.
MVM Group also holds a 5% stake in the Shah Deniz gas project and a 4% stake in the South Caucasus Pipeline Company (SCPC), the operator of the South Caucasus Pipeline.
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