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Hungary eyes to buy electricity from Azerbaijan

Oil&Gas Materials 27 October 2022 14:46 (UTC +04:00)
Hungary eyes to buy electricity from Azerbaijan
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, October 27. Hungary eager to import electricity from Azerbaijan, said the country’s Prime Minister Viktor Orban on October 27, as he met with his Georgian counterpart Irakli Garibashvili, Trend reports via Georgian media.

During a meeting held in Budapest, Orban pointed out that Hungary could receive electricity from Azerbaijan through Georgia and Romania using an infrastructure of new, high-capacity transmission lines.

“I was very happy that the Georgian prime minister supports this initiative. If the energy was delivered directly to us next year the country would no longer have to purchase natural gas", he added.

Garibashvili, for his part, noted that Georgia supports such initiatives and is one of the important participants of these projects.

Azerbaijan is considering three routes to export green energy to Europe. The first one is the Azerbaijan-Türkiye-Europe Energy Corridor through Nakhchivan, the second one will run through Georgia and Türkiye, and the third one is a submarine electrical and digital communication project through the Black Sea, which will connect Azerbaijan, Georgia, Romania and Hungary.

It is planned to lay a 1,195-kilometer power transmission line with a capacity of 1,000 MW between Georgia and Romania and install a digital connecting cable as part of the project for transportation of electricity from Azerbaijan along the bottom of the Black Sea. To this end, it is planned to prepare a feasibility study for the project by the end of 2023 with the support of the World Bank. At present, the issue of creating a quadripartite format of cooperation between Azerbaijan, Georgia, Romania and Hungary is being discussed.

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