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Hungarian PM Eyes Gas Transport From Turkey Through Serbia

Tamás Székely 2015.07.02.

Energy issues including gas transports were among topics discussed at yesterday’s Hungary-Serbia intergovernmental meeting, PM Viktor Orbán said at a press conference after meeting his counterpart Aleksandar Vučić. The two Prime Ministers signed a letter of intent on developing infrastructure links between the two countries and a cooperation agreement on education, science and culture. They also signed a document on Hungary supporting Serbia’s EU integration.

PM Viktor Orbán told reporters it would be best to establish a strategic pipeline transporting gas to Hungary and Central Europe from Turkey through Serbia. This option would replace the Russian gas that will stop arriving through Ukraine by 2019, he said. Orbán added that while Hungary “must endure the harshest criticism for the slightest cooperation with Russia”, large western European companies sign agreements “without qualms” to ensure Russian gas supplies to western Europe.

Meanwhile Foreign Minister Péter Szijjártó told a Hungarian-Serb business forum in Budapest that Hungary’s Eximbank would establish a 45 million euro credit line to support cooperation between Hungarian and Serb business partners. The Hungarian National Trading House (MNKH), set up by the Hungarian state to find new opportunities for Hungarian companies on foreign markets, is preparing to open an office in Belgrade, and two more Hungarian trade offices will open soon in Szabadka (Subotica) and Újvidék (Novi Sad), Szijjártó added. Bilateral trade between Hungary and Serbia exceeded 1.7 billion euros last year.

via hungarymatters.hu and kormany.hu photo: Szilárd Koszticsák – MTI