BAKU, Azerbaijan, May 24. Hungary is expected to receive the first 100 million cubic meters of Azerbaijani gas by the end of the year, said the country’s Minister of Foreign Affairs and Trade Peter Szijjarto, Trend reports.
"This is the first step towards concluding a long-term agreement with Azerbaijan for several billion cubic meters," the minister noted during a press conference in Moldova.
Szijjarto believes that gas deliveries are expected to reach one billion cubic meters in the future.
He highlighted that the political agreement with Azerbaijan has led to successful trade negotiations and expressed confidence in the development of mutually beneficial cooperation between the two countries in the energy sector.
Azerbaijan began gas deliveries to Europe through the Southern Gas Corridor on December 31, 2020. This year, the country plans to export 12 billion cubic meters of gas to Europe.