Hungarys Energy Supply Crucially Linked to Turkic Countries Says Peter Szijjarto
Peter Szijjártó, Hungary’s Minister of Foreign Affairs, emphasized the critical role of Turkic nations in Hungary’s energy diversification efforts. His statements came during a meeting of the Turkic States Organization’s foreign ministers, where he noted that Hungary has begun importing natural gas from Turkey. This development is particularly significant due to the cessation of Russian transit through Ukraine, which has made alternative sources essential.
Key Contributions from Turkic Countries
This year, Hungary is expected to purchase nearly 600,000 tons of crude oil from Kazakhstan. This quantity will account for eight percent of Hungary’s total supply. Additionally, collaborative ventures with Azerbaijan have positioned Hungary as a stakeholder in significant natural gas and oil fields. According to Szijjártó, these developments mark a new chapter for Hungary as it emerges as a seller in the international energy market. Ongoing negotiations aim to secure even more stakes in the region.
Objectives of Hungary’s Energy Strategy
- Diversifying sources and routes for energy supply
- Ensuring reliability without replacing low-cost suppliers with more expensive options
Furthermore, Szijjártó mentioned Hungary’s commitment to nuclear energy cooperation. Hungary plans to share its training capabilities and dry-cooling technology with partner nations. This technology will be implemented in the construction of Uzbekistan’s first nuclear power plant.
Trade and Educational Ties
Since 2010, bilateral trade between Hungary and Turkic countries has doubled, reaching about five billion dollars annually. Hungary is actively participating in the Turkic Chambers of Commerce and the Turkic Investment Fund.
Education initiatives also play a role in strengthening these ties. Hungarian universities welcome 1,040 students on scholarships from Turkic nations each year. Four higher education institutions have applied for membership in the Turkic University Union, and there are plans to establish the Turkic Growth Research and Development Fund.
Future Collaborations and Challenges
Szijjártó proposed enhancing cooperation between the Visegrád Group (V4) and Turkic states, aiming to create a bridge between Eastern and Western Europe. If agreed upon, a ministerial meeting could occur later this year or early next year, focusing on Central Europe and Central Asia collaboration.
However, Szijjártó warned that Central Europe currently faces significant security challenges from ongoing conflicts in Ukraine and the Middle East. He expressed concern over the current global climate, stating that communication channels must be preserved among nations. Szijjártó affirmed Hungary’s support for peace efforts led by former U.S. President Donald Trump while condemning those who undermine such efforts.
Conclusion
The involvement of Turkic countries in Hungary’s energy strategy is pivotal for the nation’s security and diversification. As Hungary navigates these challenges, collaboration with partner nations will remain essential for ensuring a stable and secure energy supply.
