Energy crisis: Kazakhstan to help Hungary?

Kazakhstan is one of Hungary’s most reliable partners in the current crisis in terms of energy supply, the finance minister said after meeting Almassadam Satkaliyev, the head of Kazakh state-owned energy asset management company Samruk-Kazyna.

Ties between the two countries have strengthened in the past 20 years, contributing to Hungary’s current energy security, the ministry cited Varga as saying.

Varga and Satkaliyev discussed energy ties. Cooperation should be strengthened even further in view of the Russia-Ukraine war, Varga said, adding that Kazakhstan counted on Hungarian expertise in nuclear energy.

Hungary mainly imports crude, oil products and gas from Kazakhstan. Imports topped 155 million dollars in the first half of 2022, the minister said.