Hungary to buy green electricity from Azerbaijan

Hungary plans to connect to a green electricity supply from Azerbaijan, said the country's Minister of Foreign Affairs and Trade, Peter Szijjarto, Report informs, citing Hungarian media.

"Azerbaijan will generate a large amount of green electricity, which will be supplied to Georgia, and from there, to Romania via an underwater pipeline. And we agreed that Hungary should join this ambitious plan because the project needs the participation of at least two member states to get EU support. Thus, it will be possible to provide Hungary with green electricity that we can partly use and act as a transit route," Szijjarto stressed.

According to the minister, participation in this scheme will enable Budapest to achieve its carbon neutrality goals. He also added that in the near future, the parties are preparing to study the option of a joint agreement on this issue.

The current situation clearly shows the importance of discovering new energy sources and their inclusion in the supply. In this regard, Azerbaijan is the most important, even if not the only-short -and medium-term partner.