Szijjarto: Hungary, Serbia reached agreement on construction of new oil pipeline

Hungary and Serbia have agreed to accelerate the implementation of joint energy projects, including doubling the capacity of electrical grids by 2028 and constructing a new oil pipeline within three years, Hungarian Foreign Minister Peter Szijjarto said after meeting with Serbian President Aleksandar Vucic in Belgrad, Report informs.

According to Szijjarto, Hungary and Serbia have strengthened their strategic energy partnership within the framework of the common goal of ensuring reliable energy supply at competitive prices.

"The Hungary-Serbia summit paid special attention to Central Europe's energy security in the context of challenges such as sanctions, the suspension of Ukrainian gas transit, and attacks on the TurkStream gas pipeline," Szijjarto said.