Hungary Interested in Turkish Stream Pipeline to Ensure Energy Independence

© AP Photo / Selcan HacaogluTurkey gas pipeline
Turkey gas pipeline - Sputnik International
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Hungary is interested in the proposed Russian Turkish Stream gas pipeline as an option to diversify energy supplies and ensure energy independence, Hungarian government spokesman Zoltan Kovacs told Sputnik.

MOSCOW (Sputnik), Anastasia Levchenko – According to the official, Hungary has been in touch with Turkish and Serbian officials involved in the project.

"We are obviously interested in establishing country’s energy independency so that we are not relying solely on only one source of energy. We also want to grow alongside the current European energy policy… Accordingly, we believe that Turkish stream and other possible solutions are in line with these principles," Kovacs said.

Men speak near the pavilion of Gazprom company at the St. Petersburg International Economic Forum 2015 (SPIEF 2015) in St. Petersburg, Russia, June 18, 2015 - Sputnik International
Gazprom to Begin Marine Exploration for Turkish Stream Gas Pipeline
The Turkish Stream is a proposed pipeline to transport Russian gas to Turkey, traversing the Black Sea, with an annual capacity of some 63 billion cubic meters.

The pipeline will end in a hub on the border with Greece. The hub is expected to receive 47 billion cubic meters of gas annually, according to Russian state-owned energy company Gazprom.

Earlier this month, Russian Energy Minister Alexander Novak and his Greek counterpart Panagiotis Lafazanis signed an agreement to extend the Turkish Stream gas pipeline into Greece.

Currently, Hungary receives most of its gas supplies from Russia via a pipeline running through Ukraine.

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