(MENAFN) Budapest stated on Tuesday that Hungary, Romania, Bulgaria, and Slovakia have asked the European Commission (EC) to give funding for infrastructure improvements that would allow for increasing supplies of Azerbaijani gas to the European Union.
Hungarian Foreign Minister Peter Szijjarto urged Brussels to handle the energy-supply issue "as a priority, and provide financial support" during a joint press conference with Azerbaijani Economy Minister Mikail Jabbarov. The official claims that in order to boost the amount of Azerbaijani gas that flows via Turkey, Bulgaria, Romania, Hungary, and Slovakia, new facilities must be built and current infrastructure must be updated.
The initiatives are going to involve building new interconnectors and increasing the capacity of current ones. According to the Hungarian official, they should ensure Southern and Central Europe's energy security.
Szijjarto also mentioned that “this situation will show whether the EU is ready to make a step towards a real diversification from the talk that has been heard so far, about the importance of diversification for the security of supply in Central Europe.”
MENAFN26012023000045014146ID1105479424
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.