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Kazakhstan and Hungary Agree on Oil Supply and Energy Collaborations

Astana: Kazakhstan and Hungary have reached an agreement on oil deliveries and joint energy projects following a meeting between Kazakh Energy Minister Almasadam Satkaliyev and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto in Astana.

According to Anadolu Agency, the ministers discussed bilateral cooperation in the energy sector, including the current state and future prospects of their countries' energy industries. The meeting emphasized efficient development at the Rozhkovskoye gas condensate field, where companies from both nations are actively involved.

The officials also tackled the supply of Kazakh oil to Hungary via the Druzhba pipeline, agreeing on trial deliveries by 2025. Additionally, Kazakhstan expressed interest in Hungary's expertise in producing dry cooling towers for nuclear power plants, particularly those used by MVM Group.

Kazakh Energy Minister Almasadam Satkaliyev commented on the strategic partnership between the two countries, highlighting the potential to expand energy cooperation across the oil, gas, and nuclear sectors. He expressed confidence that their joint efforts would contribute to the stable development of their energy systems and strengthen energy security.