Kazakhstan and Hungary agree on oil supplies and joint projects in the energy sector

Astana, February 17, 2025 - Almasadam Satkaliev, Minister of Energy of the Republic of Kazakhstan, met with Peter Szijjarto, Minister of Foreign Economic Relations and Foreign Affairs of Hungary, during which the parties discussed key areas of bilateral cooperation in the energy sector.

During the talks, the ministers reviewed the current state and prospects of development of the energy sector in both countries. Special attention was paid to the cooperation in the oil and gas sector between KazMunaiGas and MOL Group.

The parties noted the importance of effective development of the Rozhkovskoye gas condensate field, in which both companies are involved. The issues of supply of Kazakh oil to Hungary through the Druzhba pipeline were discussed. An agreement was reached on test deliveries in the course of 2025.

The Kazakh side expressed interest in the experience of the Hungarian colleagues in the production of dry cooling towers for nuclear power plants, in particular the MVM Group.

"Kazakhstan highly values its strategic partnership with Hungary. We see great potential for expanding cooperation in the energy sector, both in the oil and gas sector and in the peaceful use of nuclear energy. I am confident that joint efforts will contribute to the sustainable development of our countries' energy systems and the strengthening of energy security," said the Energy Minister.

At the end of the meeting, the parties expressed their readiness to further develop mutually beneficial relations in the field of energy and outlined plans for the implementation of the agreements reached.

Source: www.gov.kz/memleket/entities/energo/press/news/details/939977?lang=kk