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Ukraine to Shut Down Druzhba Oil Pipeline in January?

According to Ukrainian presidential advisor Mykhailo Podolyak, Kyiv plans to shut down the Druzhba oil pipeline starting from 1 January 2025. This pipeline is a key route through which Russian oil reaches Europe, including Hungary, Slovakia, and the Czech Republic….

Bulgaria Offers Help for Hungary Amid Ukraine Oil Transit Dispute

Bulgaria has offered to help maintain Hungary’s energy security if Ukraine does not resume Russian Lukoil oil shipments to Hungary in the near future. Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó called Sofia’s offer a sincere gesture of…

Budapest–Belgrade Railway to Be Operational Sooner than Anticipated?

Another, earlier-than-ever date has emerged regarding the completion of the Hungarian section of the Budapest–Belgrade railway line. As before, the source of the information on the new date is the Serbian President….
Péter Szijjártó with Qatari Finance Minister Ali bin Ahmed Al Kuwari in Doha on 31 January 2024.

Foreign Minister Discusses Purchase of Qatari LNG, Hungarian Hostages in Hamas Captivity in Doha

Péter Szijjártó welcomed the continuous development of bilateral economic relations and the breaking of export records. He also praised Qatar’s role in the release of some hostages abducted by Hamas, including three Hungarian citizens, and revealed that another Hungarian citizen…

Budapest–Belgrade Railway Expected to Become Strategic Hub Amidst Shifting Global Trade Routes

The transformation of global supply chains has accentuated the importance of the Budapest–Belgrade railway. As a result, the Belt and Road Initiative (BRI) may become profitable not in the widely reported 979 years, but in only a few years. If…

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