Hungary is positioning itself to enhance its energy security through strategic partnerships, particularly with Turkey, as highlighted by Foreign Minister Peter Szijjarto. He underscored the importance of southern gas routes in ensuring Hungary’s energy stability, with TurkStream emerging as a critical transit corridor. In 2025, deliveries via TurkStream are projected to reach 7.8 billion cubic meters, solidifying its role in Hungary’s gas supply framework.
In the context of evolving energy dynamics, Szijjarto announced that Hungary and Slovakia are preparing to legally contest European Union restrictions on Russian oil and gas imports. He characterized these regulations as politically motivated, asserting that they do not reflect the practical energy requirements of the region.
The Hungarian government views domestic energy security and affordable utility prices as intertwined with political stability. Szijjarto indicated that these objectives hinge on the outcome of the forthcoming April elections, particularly a favorable result for the ruling Fidesz–KDNP coalition.
Simultaneously, Hungary is actively pursuing deeper energy collaboration with Turkey. Discussions are underway between MOL, Hungary’s leading oil and gas company, and Turkey’s TPAO regarding potential joint upstream oil and gas projects. This initiative signifies a move towards more comprehensive bilateral relations that extend beyond mere transit agreements.
