Szijjarto: Hungary Can Buy and Store 500 Million m3 of Gas for Needs of Serbia

In case of need, Hungary can, as it already did in 2022, buy and store gas for Serbia’s needs in the amount of 500 million cubic meters, Minister of Foreign Affairs and Trade of Hungary Peter Szijjarto said in Belgrade today.

He pointed out that they were working together to double the amount of electricity transmission between the two countries by 2028, and stated that cooperation was also possible regarding the nuclear capacities of PAKS 2 and 3 in Hungary, which were expected to be operational after 2030, as announced on the website of the Government of Serbia.

Szijjarto and Minister of Mining and Energy of Serbia Dubravka Djedovic confirmed, during today’s meeting in Belgrade, the commitment of the two countries to the further development of cooperation in several spheres of energy.

At a joint press conference after the meeting, Djedovic and Szijjarto emphasized the importance of building a gas interconnection between Serbia and Bulgaria, which would also be one of the options for gas supply from Azerbaijan for Hungary.

Djedovic pointed out that Serbia would work on strengthening its energy infrastructure, stressing the importance of plans for the construction of the Pannonian Corridor for the transmission of electricity, as well as the diversification of oil supply through the construction of an oil pipeline to Hungary, for which preparations had begun.