Why OE-governed quality assurance...

In every mature renewable market, there comes a moment when engineering quality—once assumed,...

Insurance, force majeure and...

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily...

ESG, community strategy and...

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical...

The grid-ready wind farm...

A decade ago, the success of a wind farm in Southeast Europe was...
Supported byClarion Energy
HomeSEE Energy NewsHungary and Bulgaria...

Hungary and Bulgaria affirm commitment to reliable gas transit via TurkStream

Bulgaria will continue to facilitate the transit of natural gas to Hungary, a crucial development as the TurkStream pipeline has become the primary route for Hungary’s gas supply, according to Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó. Following discussions with his new Bulgarian counterpart, Georg Georgiev, Szijjártó shared the positive news in a Facebook post, emphasizing the importance of Bulgaria’s stability after months of coalition talks.

Szijjártó expressed that Hungary has a vested interest in Bulgaria’s political stability, as both countries rely on strong bilateral cooperation on a range of strategic issues. Earlier, the two ministers held a phone conversation, where they reaffirmed their mutual commitment to further enhancing bilateral relations.

Szijjártó also highlighted Hungary’s support for Bulgaria’s Schengen accession, a stance for which Georgiev expressed gratitude. Hungary has also shown its backing for Bulgaria’s bid to join the OECD and maintains a deep respect for the Bulgarian community in Hungary. In their conversation, the two leaders also agreed to continue working together in the fight against illegal immigration and stressed the importance of peace in the Central European region.

On the topic of energy security, Szijjártó emphasized that Hungary’s gas supply is largely dependent on the TurkStream pipeline, making it critical for countries along the pipeline route to ensure uninterrupted transit. He noted that Bulgaria had assured Hungary it would remain a reliable transit country, despite challenges faced by the pipeline in recent times, including political, physical, and financial threats.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Why OE-governed quality assurance is becoming the new currency of wind asset value in Southeast Europe

In every mature renewable market, there comes a moment when engineering quality—once assumed, often overlooked—becomes the defining currency of asset value. Southeast Europe is entering that moment now. Serbia, Romania, Croatia, and Montenegro are witnessing a scale-up in wind...

Insurance, force majeure and financial risk transfer — the new architecture of protection for wind investors in Southeast Europe

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily on EPC contracts, turbine warranties, and revenue support mechanisms. Insurance was treated as a formal requirement—necessary for lenders, but rarely integrated into strategic project design. That...

ESG, community strategy and social license — the hidden financial drivers of wind success in Southeast Europe

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical variables: resource quality, EPC pricing, grid access, and financing structure. But as markets mature, a new set of forces is emerging—less visible than capex or P50...
Supported byVirtu Energy
error: Content is protected !!