Hungary buys 100 mcm of gas from Azerbaijan
6/5/2023
(Reuters) - Hungary's state-owned energy group MVM has agreed to buy 100 mcm of natural gas from Azerbaijan's state energy firm SOCAR, Hungarian Foreign Minister Peter Szijjarto said on his Facebook page on Friday.
Szijjarto said SOCAR would ship the gas by the end of the year and the deal could pave the way to a long-term gas purchase agreement under which Hungary could receive up to 2 bcm of gas from Azerbaijan annually.
Related News
Related News
Sign up to Receive Our Newsletter
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Five energy market trends to track in 2026, the year of the glut
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- KBR awarded FEED for Coastal Bend LNG project
Comments