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Azerbaijan

Viktor Orbán Holds Bilateral Talks with Charles Michel Ahead of EPC Summit

In his meeting with the President of the European Council, Orbán reiterated Hungary’s position on issues such as EU funds for Hungary, the increasingly serious migration crisis at the continent’s borders, Europe’s economic and competitiveness decline, and the EU budget….

Bóka to Le Point: Hungary Supports All Initiatives Aimed at Maintaining the Dialogue in Nagorno-Karabakh Conflict

Hungary supports all initiatives for maintaining dialogue aimed at de-escalating the conflict and finding a peaceful resolution, Minister Bóka told the French weekly Le Point in an interview, referring to the situation in Nagorno-Karabakh….

Hungarian Construction Companies Help Rebuild Azeri Region, Minister Szijjártó Announces

The Foreign Minister stressed the importance of Azeri-Hungarian cooperation, which he claims has greatly helped Hungary in energy security in the past decade, and called on Brussels to ‘do more than nudging’ to help member states diversify their energy sources….
Péter Szijjártó (R) and his Azeri counterpart in Budapest on 4 September 2023.

Szijjártó: Brussels Lost Every Right to Tell Hungary where to Buy Gas From

‘Since the European Union currently refuses to contribute to the financing, Brussels has lost any right to intervene in where Central European countries, including Hungary, source their natural gas from,’ Péter Szijjártó stated….

Hungarian Company Hell Energy to Invest Over $200 Million in Azerbaijan

The facility aims to produce 700–800 million aluminium beverage cans annually, with approximately half of them filled, mainly to meet the demands of local and regional third-party brands. Additionally, the company plans to serve its own local and regional markets…

Hungary and Serbia Prepare to Build New Oil Pipeline

‘Hungarian-Serbian strategic energy cooperation is one of the guarantees that Hungary’s supply will remain secure in the next period,’ the minister said….

Szijjártó: Energy Market Situation ‘Lethal’ for Competitiveness

The minister emphasised that the current situation is lethal for Europe’s competitiveness, with gas prices seven times higher than in the United States and electricity three times higher than in China. ‘Under the current circumstances, the solution is to focus…

Hungarian Companies to Help Rebuild Nagorno–Karabakh

The Hungarian government has offered a €25,000 grant for demining the war-torn Nagorno-Karabakh region only weeks after the two countries struck an agreement about importing green energy from Azerbaijan to Hungary….

Szijjártó in Belgrade: Our Gas Transit is Secure

Péter Szijjártó said the process of doubling the capacity of the gas interconnector between Serbia and Hungary by 2028 is on pace. With the two new nuclear power units at the Paks plant set to enter commercial operation in the…

The Baku-Budapest Strategic Partnership is a Leap Towards Ensuring Hungary’s Energy Security

The level of cooperation between Baku and Budapest was raised to the next level this week by the signing of a declaration on enhanced strategic partnership….

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