President: We are successfully cooperating with Hungary in the energy sector

“We are successfully cooperating in the energy sector. Hungarian companies hold shares in Azerbaijan’s two major oil and gas projects – the Azeri-Chirag-Gunashli and Shah Deniz fields. A new contract will be signed at the beginning of next year,” said President of Azerbaijan Ilham Aliyev during his press statement with Prime Minister of Hungary Viktor Orbán, according to Report.

“A Hungarian company will begin operations in Azerbaijan’s onshore oil fields. Since last year, we have started exporting natural gas to Hungary, and today I emphasized — as the Prime Minister also noted — that we are capable of supplying the volume of gas required by Hungary,” the head of state added.