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Turkish Stream gas pipeline

Hungary may take part in Nord Stream, Turkish Stream projects

"The issue is now discussed that there may be even a branch line from the Nord Stream to Hungary," aide to the Russian President Yuri Ushakov said

© EPA/JENS BUETTNER

MOSCOW, February 1. /TASS/. Hungary may be engaged in future in Nord Stream and Turkish Stream projects implemented by Gazprom, aide to the Russian President Yuri Ushakov said on Tuesday.

"I want to point out that oil and gas sphere has good prospects to boost cooperation [between Russia and Hungary]; deliveries from Russia meet over 75% of Hungary’s oil and 60% of gas consumption," Ushakov said.

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Turkey grants all permits required for work on Turkish Stream

"It is not ruled out Hungarian partners may be involved in new energy resources delivery routes via the Nord Stream and the Turkish Stream worked out by Gazprom," the official said. "The issue is now discussed that there may be even a branch line from the Nord Stream to Hungary," Ushakov added.

Hungary is also successfully participating in energy resources tapping on the Russian territory, the official said. In particular, Hungary’s MOL is developing oil pools in West Siberia and plans to boost production. "Cooperation in energy sector is proactive; figures speak for themselves," Ushakov said.

"Hungary holds a fairly beneficial position for us across all issues, although they have some doubts in respect of the Nord Stream-2," Ushakov said. "At the same time, various options will be discussed during talks," he added.

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Gazprom Nord Stream Turkish Stream

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