Regional Infrastructure for Energy Diversification Needed

Green Energy

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Minister of Foreign Affairs and Trade Péter Szijjártó urged European Union Commissioner for Energy Kadri Simson to make the construction of regional infrastructure necessary for energy diversification a "European matter" at a meeting in Brussels this week.

At a press conference during a break at a meeting of EU foreign ministers, Szijjártó said he told Simson that Hungary is taking steps with Bulgaria, Greece, and Romania to address the need for "big infrastructure developments" in southeastern Europe to improve energy diversification.

"I asked her to treat the endeavor as a European matter," Szijjártó said. "If it's a European issue, then it requires European funding," he added.

Szijjártó complained that Hungarian oil and gas company MOL is paying "a multiple of the market price" for delivery of crude through Croatia's Adria pipeline, despite efforts to lock in capacity with a long-term contract.

He added that the Croatian side has not made good on pledges to invest in additional capacity and said the matter was "Brussels' responsibility, too."

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