Minister: Hungary interested in Caspian gas

Minister: Hungary interested in Caspian gas Hungary is committed to including Caspian gas in the country’s energy balance, but there are certain difficulties for this
Energy
June 2, 2022 10:08
Minister: Hungary interested in Caspian gas

Hungary is committed to including Caspian gas in the country’s energy balance, but there are certain difficulties for this, Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto said at a conference within the Baku Energy Week, Report informs.

He said that there is a debate in Europe not only about how to completely abandon Russian gas, but also about how to replace it.

“When it comes to sanctions, we cannot fully apply them, because there is a very big dependence. We approach this issue pragmatically, from the point of view of the use of Caspian energy resources,” he said, adding that one of the difficulties is the lack of pipeline infrastructure, which complicates this intention.

“Europe needs to think about how additional resources will be used,” he noted.

He also mentioned the problem of high energy prices.

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