“We are successfully cooperating in the energy sector. Hungarian companies have stakes in two major oil and gas projects in Azerbaijan - the Azeri-Chirag-Guneshli and Shah Deniz fields. The next contract will be signed early next year,” said President of Azerbaijan Ilham Aliyev during his press statement with Prime Minister of Hungary Viktor Orbán, APA reports.
“A Hungarian company will begin operating in the onshore oil fields of Azerbaijan. We have been exporting natural gas to Hungary since last year. I noted today, and the Prime Minister noted here too, that we can arrange gas supply at the level of Hungary's demand,” the head of state added.