Baku, Azerbaijan, Dec. 3
Trend:
Hungary is looking at alternative sources of gas including notably Azerbaijan after Russia scrapped its South Stream pipeline project, EU Business reported citing Hungary's Foreign Minister Peter Szijjarto.
"In order to secure Hungary's long-term energy supply, we have to look for additional opportunities, and among these options gas deliveries from Azerbaijan to Central Europe via the Southern Gas Corridor features prominently," Szijjarto said.
"However this is only one of the options," he added.
During the negotiations in Turkey on Dec.1, Russian President Vladimir Putin said that under the current conditions, as well as due to the unconstructive position of the EU, Russia can't continue the implementation of South Stream project. Later, CEO of Russia's Gazprom Alexey Miller said that the South Stream project has been shut down.
Hungary was on the route of the planned South Stream pipeline, together with Bulgaria, Serbia and Slovenia, Italy and Austria.