Azerbaijan, Bulgaria, Hungary, Romania and Slovakia have signed a Memorandum of Understanding on the supply of Azerbaijani natural gas to Central Europe through the so-called Solidarity Ring.Continue reading
Hungary considers the development of energy infrastructure in Southeastern Europe to be a key priority, and regards Bulgaria as a reliable partner in this respect, Foreign Minister Péter Szijjártó stated at a press conference with the Bulgarian Energy Minister on Thursday.
The minister said that energy interconnection is in the interest of the entire region. At present, gas production in Azerbaijan is the most important alternative, but this also requires the development of energy interconnections. The government is therefore open to the development of new transport routes and cooperation with all the states concerned, he added.
He welcomed the fact that Hungary can count on Bulgaria as a stable partner in the field of energy transport.
The two countries are also linked by the use of nuclear energy, which both have long used as a safe, cheap, and environmentally friendly source.
Péter Szijjártó emphasized that Bulgaria is to be commended for its predictable gas supply, adding that the country will continue to be an important partner for Hungary in the future, and the government is ready to continue cooperation.
According to the Bulgarian Energy Minister, Rossen Hristov, it has recently become clear that energy security is also a matter of national security, so energy supply is not only an economic opportunity, but also a great responsibility for a transit country.
Bulgaria is therefore seeking partnership with all the states concerned and will be a reliable transit state even in the most critical periods,
he emphasized. He added that like Szijjártó, he attaches importance to investments that ensure energy diversification.
The two leaders share similar views on the nuclear issue, and Bulgaria would not support sanctions in this area. Rossen Hristov stressed that nuclear energy is indispensable for the green transition, as rising electricity consumption can only be met in an environmentally friendly way, without gas emissions and at affordable prices by nuclear power plants.
Featured photo via Facebook/Péter Szijjártó
