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Turkey pledges to supply natural gas to Hungary
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IANS | 30 Mar, 2023
Turkey is ready to supply natural gas to Hungary through the
Trans-Anatolian Natural Gas Pipeline Project (TANAP), Turkish President
Recep Tayyip Erdogan said.
"As of now, we are ready to
provide all kinds of support with Azerbaijan regarding the delivery of
natural gas to Hungary through TANAP," Erdogan said at a joint press
conference with visiting Hungarian President Katalin Novak, Xinhua news
agency reported.
TANAP was commissioned in 2018 as the central
part of the Europe-proposed Southern Gas Corridor that connects a major
gas field in Azerbaijan with European markets.
The trade volume
between Turkey and Hungary hit $3.5 billion in 2022, with the goal of
reaching $6 billion in the future, according to Erdogan.
For her part, Novak said energy was one of the topics of her meeting with Erdogan in the Turkish capital of Ankara.
Turkiye
has "vital importance" in Hungary's energy security, she said,
stressing that her country attaches importance to the Turkish Stream, a
natural gas pipeline running from Russia to Turkey via the Black seabed.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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84.35
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89.35 |
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| As on 12 Oct, 2024 |
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