Hungary achieved constructive outcomes in fuel procurement negotiations with Azerbaijan and Turkmenistan.
An settlement has been reached with Baku for the provision of 1 billion cubic meters of fuel. In addition to this settlement, 100 million cubic meters of fuel may even be bought from Azerbaijan by the top of the 12 months.
Azerbaijani journalist Agil Jamal made the next assertion on the matter:
“With the latest agreements, Azerbaijan and Türkiye have now become the principal states for ensuring Europe’s energy needs, especially in terms of gas supply. As these agreements materialize, it appears that Turkic countries and Türkiye will become indispensable for the energy and gas supply of Eastern European countries in particular, as the repository of this energy.”
Another nation with which Hungary reached an settlement is Turkmenistan.
Turkmenistan goals to make use of the Trans-Caspian Natural Gas Pipeline to the Caspian Sea for the Southern Gas Corridor.
The hall had already been established with the activation of the Trans-Anatolian Natural Gas Pipeline (TANAP), and the wealthy reserves within the Caspian Sea started reaching European shoppers.
Türkiye additionally reached an settlement with Hungary this week on pure fuel exports. Thus, Türkiye will begin exporting fuel by pipelines to a European nation that’s not its border neighbor for the primary time. This will enhance Türkiye’s position in power safety.
In January, an settlement was additionally signed between Türkiye and Bulgaria for the export of 1.5 billion cubic meters of pure fuel over a 13-year interval.
Source: www.anews.com.tr
