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

- U.S. ethane exports to China hit new roadblock with license requirement
- Australia clears Woodside to run North West Shelf LNG plant to 2070
- Egypt agrees to buy up to 160 LNG cargoes through 2026
- Shell to add up to 12 MMt of additional LNG capacity by 2030
- Siemens and TURN2X join forces to scale up green energy production
Comments