Hungary calls on EU to allocate funds to extend gasoline provides from Azerbaijan

BAKU, Azerbaijan, Might 24. Azerbaijani gasoline will
not be capable of enter Europe in massive volumes if the European Union
doesn’t present monetary help within the modernization of the
pipeline system within the southeast of the continent, Minister of
International Affairs and International Financial Relations of Hungary Péter
Szijjarto stated at a press convention in Chisinau after talks with
his Moldovan counterpart Nicolae Popescu, Development studies.

Hungarian FM famous that Azerbaijan and the European Union agreed
to develop gasoline commerce, which will probably be equipped, specifically, to
Hungary and different nations of Central and Jap Europe. Nevertheless,
there’s a “crucial situation” for this – the preparation of
an applicable infrastructure within the area, the capability of which
shouldn’t be but enough for pumping massive volumes of gas.

“We demand that Brussels allocate funds from the EU funds for
the event of infrastructure for gasoline provides in South-Jap
Europe,” he stated. He famous that “Brussels has been passive” to this point,
and with out him it will be unimaginable to finance such large-scale

FM recalled that earlier an settlement was reached between
Budapest and Baku on the availability of 1-2 billion cubic meters of gasoline
per 12 months underneath a long-term contract. Again in February, the
Hungarian authorities introduced that by the tip of this 12 months it
expects to obtain the primary 100 million cubic meters. m of gas
from Azerbaijan.

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