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Hungary And Turkey To Expand Cooperation On Energy Security

Tamás Székely 2015.01.27.

Péter Szijjártó, Hungary’s foreign minister, has held talks in Turkey on energy and business cooperation and shared efforts to manage global challenges. Stating that the EU has lost significant part of its competitiveness during the last years, Péter Szijjartó said: “We think that in order to regain competitiveness, we have to work together very closely with those countries and regions of the world which are emerging rapidly and which produce significant economic growth.”

In the light of Russia’s dropping plans for the South Stream gas pipeline and mulling an alternative route to Turkey, the latter country will play a strategic role in supplying energy to Europe, the minister said after talks with Prime Minister Ahmet Davutoglu and two members of his cabinet. We now need to make preparations for projects through which Russian gas in Turkey can be forwarded to central Europe”, he said. Szijjártó noted that Russia was in negotiations with Turkey concerning an annual supply of 63 billion cubic metres of natural gas, as well as on building a regional gas distributor near Turkey’s border with Greece.

Talks have started on the training of Turkish nuclear energy professionals in Hungary, Szijjártó said, noting that Turkey will build or expand further nuclear power plants. He announced that Hungary’s Eximbank would set up a representative office in Istanbul in February and open a 170 million dollar credit line to support Hungarian SMEs on the Turkish market. The Turkish prime minister will pay a visit to Hungary in late February, he said.

During a joint press conference with his Turkish counterpart, Péter Szijjartó confirmed Hungary’s support for Turkey’s EU accession: “I would like to stress that we look to Turkey as an important partner of the EU and Hungary. We support all kinds of negotiations and talks between Turkey and the EU.” Turkey foreign minister Mevlut Cavusoglu thanked the Hungarian government for its “unconditional” support for Turkey’s membership of the EU.

via hungarymatters.hu and worldbulletin.net photo: Márton Kovács – kormany.hu / MTI