Szijjártó discusses energy, economic cooperation with Turkey

Int’l Relations

kormany.hu/Gergely Botár

Hungarian Foreign Minister Péter Szijjártó discussed energy, business cooperation, and shared efforts to manage global challenges, with Turkey's Prime Minister Ahmet Davutoglu and two members of his cabinet in Ankara yesterday. 

Turkey will play a strategic role in supplying energy to Hungary and the rest of Europe under Russia's plan to scrap the South Stream gas pipeline and find an alternative route to Turkey, Szijjártó told MTI.

"We now have the task to make preparations for investments through which [Russian] gas in Turkey can get to central Europe", Szijjártó said. Szijjártó noted that Russia was in negotiations with Turkey concerning an annual supply of 63 billion cubic meters of natural gas, as well as on building a regional gas distributor near Turkey's border with Greece.

The Turkish Prime Minister will pay a visit to Hungary at the end of February when the strategic council of the two governments will hold a meeting, Szijjártó said. The visit is expected to take place on February 24-25, he said.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.