Hungary considers Turkmenistan to be a promising partner in gas imports

10:42 26.08.2020 12134

https://oilgas.gov.tm/storage/posts/402/original-15f312303272d5.jpeg

 Hungary is especially interested in the import of natural gas through the Southern Gas Corridor and considers Turkmenistan to be a promising partner in this area, Trend reports citing the Hungarian Ministry of Foreign Affairs and Trade.

 The Hungarian Foreign Ministry noted that earlier these countries had already talked about cooperation in the energy sector.

 "The energy issue was also highlighted during the negotiations of the Minister of Foreign Affairs and Foreign Trade of Hungary, Peter Siyjarto, which took place on May 20, 2019 in Ashgabat," the ministry added.

 The Southern Gas Corridor is one of the priority projects of the EU and envisages at the first stage the transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region through Georgia and Turkey to Europe.  In February 2019, at a meeting of the SGC Advisory Council, the European Union and Azerbaijan invited Turkmenistan to join this project.

 The EU is showing great interest in the construction of the Trans-Caspian gas pipeline, which will become part of the Southern Gas Corridor system.  The Trans-Caspian gas pipeline project provides for the supply of Turkmen gas to the European market in large volumes for at least 30 years.

 Turkmenistan has every opportunity to implement large energy projects both in this direction and in other directions.  For this, the necessary infrastructure has been created on the territory of our country, including the internal East-West gas pipeline, which provides for the transfer of gas from the eastern region of Turkmenistan to the western one.

 It is important that in terms of natural gas reserves our country is one of the three world leaders, which provides guaranteed opportunities for long-term supplies of "blue fuel" in a number of directions, including to European markets.

Other articles
166dfdce9d196d.jpg
Foreign Ministers of Turkmenistan and Malaysia discussed issues of enhancing bilateral cooperation

The issues of enhancing Turkmen-Malaysian partnership relations were discussed at a meeting between Minister of Foreign Affairs of Turkmenistan Rashid Meredov and the Malaysian delegation headed by Minister of Foreign Affairs Dato Seri Utama Haji Mohamad bin Haji Hassan, the Ministry of Foreign Affairs of Turkmenistan reports.


16200c5b14236e.jpeg
The leaders of Turkmenistan and China agreed to build a new gas pipeline to China

President of Turkmenistan Gurbanguly Berdimuhamedov held a meeting with President of the People's Republic of China Xi Jinping as part of his visit to Beijing last Saturday, the State News Agency of Turkmenistan reports.


16200db436210a.jpeg
Fuel oil and gasoline ECO-93 worth more than 52 million US dollars sold at the stock exchange of Turkmenistan

36 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan over the past week.


166dfdcbef2ddc.png
Liquefied gas, diesel fuel and jet fuel were sold abroad at the auctions

10 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.


1684a868de806b.jpg
Russia is one of Turkmenistan's key trading partners

Russia remains one of Turkmenistan's key trading partners with an annual trade turnover of over 1.6 billion US dollars. This was stated by Vice-Chairman of the Cabinet of Ministers of Turkmenistan Hojamyrat Geldimyradov at an official reception in honor of Russia Day, organized on June 11 by the Russian Embassy at the Yildiz Hotel, the news portal of the State Television and Radio Broadcasting Company of Turkmenistan reports.