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Hungary will not face disruptions from the expected halt of Russian natural gas transit through Ukraine, thanks to the Turkish Stream pipeline, according to Minister of Foreign Affairs and Trade Péter Szijjártó, speaking after the Hungarian-Serbian Joint Economic Committee meeting.
The Minister highlighted the crucial cooperation between Hungary, Türkiye, Serbia, and Bulgaria in constructing the Turkish Stream pipeline. “If we had not been brave enough, we would be in big trouble today. If we had not built the Turkish Stream pipeline, it would have been very difficult, if not impossible, for Hungary to guarantee the security of its gas supply today,” he said.
This year alone, more than 5.6 billion cubic meters of gas have been transported via the Turkish Stream, solidifying Hungary’s energy security.
The decision to develop this alternative gas supply route was met with opposition from some Western allies. Péter Szijjártó recalled that “our allies tried to talk us out of it. Some more kindly, some more threatening.” The Minister stressed that Hungary’s investments in gas transport infrastructure allow the country to remain largely independent of the Russian-Ukrainian transit conflict, which could heavily impact other Central European nations.
Mr. Szijjártó briefly addressed other issues, such as the EU’s punitive tariffs on Chinese electric vehicles and NATO membership for Ukraine.
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He noted that both topics are fraught with tension, especially Ukraine’s NATO bid, which he warned could trigger broader conflict.
Via MTI; Featured Image: MTI / Koszticsák Szilárd