Hungary, Azerbaijani foreign ministers meet in Budapest

Energy Trade

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Minister of Foreign Affairs and Trade Péter Szijjártó met with his Azerbaijani counterpart Elmar Mammadyarov in Budapest today, according to Hungarian news agency MTI.

Szijjártó said after the talks that Azerbaijan could supply an annual 16 billion cubic meters of gas for delivery through the Trans-Anatolian pipeline, slated to be completed next year. Later, the country could supply the pipeline, which will bring gas to Europe, with 26 billion cubic meters a year, he added.

Szijjártó noted that he had signed an agreement with Russiaʼs Gazprom earlier in July on investments that would give Hungary access to the gas delivered through the pipeline.

Mammadyarov said Azerbaijan wishes to strengthen its bilateral ties with Hungary, adding that a strategic partnership agreement with the European Union could support this goal.

A meeting of the Hungarian-Azerbaijani joint economic committee will be held in October and later the Azerbaijani president will visit Budapest, Szijjártó said.

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