Budapest sees Turkmenistan as a reliable partner in the energy sector
21:17 02.10.2025 2085
Hungary is counting on Turkmenistan as a reliable partner in the energy sector, said Ádám Stifter, Undersecretary of State for Eastern Affairs. He made this statement following a meeting of the Turkmen-Hungarian Intergovernmental Commission on Economic Cooperation held in Ashgabat.
"In the energy sector, we count on Turkmenistan as a reliable partner," Stifter said in a video commentary posted on the website of the Turkmenistan International Information Center.
"Hungary depends on natural gas imports from various countries, so we also look to Turkmenistan with great hope that Turkmenistan will soon become a gas supplier to Europe, and more specifically, to Hungary," Stifter noted.
In the same video, Peter Holicza, Undersecretary of State for European Affairs, spoke about the prospects for cooperation in the fuel and energy sector.
"Today we discussed natural gas trade between Turkmenistan and Hungary, potential hydrocarbon exploration and development projects on the Caspian shelf, and future joint renewable energy initiatives," said Holicza.
He emphasized that "this meeting yielded excellent results, as we were able to identify key principles on which these areas can be developed."
Holicza also noted that further steps to expand energy cooperation are planned for discussion in October.
"We are grateful for the invitation to the International Energy Forum, which will be hosted by the government this October. We will certainly strive to participate in this event to discuss further steps and opportunities for expanding energy cooperation both in Turkmenistan and in the region as a whole," said Holicza.
Serdar Berdimuhamedov approved the draft of the “Program for the socio-economic development of Turkmenistan and investments in 2025”
President Serdar Berdimuhamedov approved the draft of the "Program for the socio-economic development of Turkmenistan and investments in 2025". Vice-Chairman of the Cabinet of Ministers Hojamyrat Geldimyradov reported on the preparation of the draft of this Program at a government meeting on January 24, TDH reports .
International transport conference in Ashgabat will bring together representatives of more than 170 foreign companies
Next Monday, Ashgabat will host an international conference dedicated to the restoration of transport and transit corridors to strengthen regional and interregional interconnections and development. More than 400 delegates have registered to participate in the conference, according to a press release from Turkmen Forum, which is the co-organizer of the forum.
Uzbekistan is interested in the supply of electricity, gas and oil products from Turkmenistan
President of Turkmenistan Serdar Berdimuhamedov is on a two-day state visit to Uzbekistan on July 14-15 at the invitation of President Shavkat Mirziyoyev, the State News Agency of Turkmenistan reports. On Thursday, top-level talks were held in narrow and expanded formats with the participation of government delegations of the two countries.
Trade turnover between Turkmenistan and Uzbekistan in 2021 reached 902 million US dollars, - Shavkat Mirziyoyev
In recent years, the trade turnover between Uzbekistan and Turkmenistan has grown 5 times, reaching $902 million last year. This was stated by the President of Uzbekistan Shavkat Mirziyoyev following a meeting with his Turkmen counterpart Serdar Berdimuhamedov in Tashkent, according to the video of the information program "Watan" of the Turkmen television.
Successful development of the promising Uzynada area continues
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the ongoing measures to develop the promising Uzynada area in the Balkan region and expand its borders at a government meeting last Wednesday.