Hungary’s top diplomat heads to Baku for high-stakes energy summit

Hungary’s State Secretary for Foreign Affairs and Trade, Boglárka Illés, is set to visit Azerbaijan, a diplomatic source told local media.

“She will lead the Hungarian delegation at the upcoming meeting of the Southern Gas Corridor Advisory Council in Baku,” the source said, Caliber.Az reports.

Note that, Baku is set to host the 11th Southern Gas Corridor Advisory Council Ministerial Meeting and the 3rd Green Energy Advisory Council Ministerial Meeting on April 4. The event will bring together representatives from 24 countries, including Azerbaijan and the European Union, alongside seven international financial institutions and 42 energy companies.

Discussions will focus on the progress and future of the Southern Gas Corridor, green energy projects, and regional energy cooperation. Additionally, meetings on the Azerbaijan-Türkiye-Georgia-Bulgaria Green Electricity Transmission Project and the Caspian-Black Sea-Europe Green Energy Corridor will take place. Agreements related to green energy are expected to be signed.

A press conference will follow the meetings to present key outcomes. The Southern Gas Corridor Advisory Council has convened annually since 2015, playing a pivotal role in regional energy policy and development.

The Southern Gas Corridor (SGC) transports natural gas from the Caspian region to Europe. It consists of three main pipeline systems: the South Caucasus Pipeline (SCP), the Trans-Anatolian Natural Gas Pipeline (TANAP), and the Trans-Adriatic Pipeline (TAP). The corridor has an initial capacity of 10 billion cubic metres per year, with the potential to expand to 20 billion cubic metres.

By Aghakazim Guliyev