ENERGY CRISIS

Energy cooperation between Hungary and Azerbaijan is entering new dimension, Minister of Foreign Affairs and Foreign Economic Relations of Hungary Peter Szijjarto said, Trend reports.

He stressed that there is a political will to bring gas supplies from Azerbaijan to Hungary to 1 billion cubic meters.(

After a sharp rise in fuel prices worldwide, new potential buyers of natural gas from Europe turned to Azerbaijan, Energy Minister of Azerbaijan Parviz Shahbazov told Bloomberg.

According to Shahbazov, governments and companies in the east and south of Europe have expressed interest in buying gas from Azerbaijan.