Strengthening Ties: Hungary and Russia's Energy Dialogue

Russia's Deputy Prime Minister Alexander Novak and Hungary's Foreign Minister Peter Szijjarto engaged in discussions to boost bilateral trade and enhance energy cooperation. Notably, oil supplies to Hungary via the Druzhba pipeline were substantial, emphasizing the ongoing energy partnership between the two nations.


Devdiscourse News Desk | Moscow | Updated: 26-03-2025 12:38 IST | Created: 26-03-2025 12:38 IST
Strengthening Ties: Hungary and Russia's Energy Dialogue
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In a significant development, Russia's Deputy Prime Minister Alexander Novak and Hungary's Foreign Minister Peter Szijjarto held pivotal discussions aimed at boosting bilateral trade and enhancing energy cooperation, according to a statement by the Russian government on Wednesday.

The meeting highlighted the sizable quantity of oil supplied to Hungary through the Soviet-era Druzhba pipeline, which amounted to 956,000 metric tons, equivalent to 118,800 barrels per day, during the first two months of the year.

Statistics also revealed that total supplies via the route in 2024 reached 4.78 million tons, underscoring the robust nature of the energy alliance between Hungary and Russia.

(With inputs from agencies.)

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