Hungary, Serbia to double power transmission capacities by 2028

by Cristian Florescu

The Hungarian and Serbian Ministers of Foreign Affairs and Trade, Péter Szijjártó and Dubravka Đedović, respectively, have announced that the two countries are working on doubling the power transmission capacity between them by 2028.

Péter Szijjártó met with Dubravka Đedović in Belgrade to discuss energy security in the region and the improvement of energy cooperation.

In May of last year, the two countries agreed to strengthen their cooperation in the energy sector, which included the construction of a cross-border power line. A memorandum on hydrogen was signed at a later date.

Szijjártó said that the two countries have been able to guarantee a stable supply of energy despite the energy crisis, thanks to their strategic cooperation and partnership. He thanked Serbia for acting as a reliable transit country for natural gas and offered it gas storage in Hungary for next winter.

He noted that the Southern Gas Corridor and the interconnection being built between Serbia and Bulgaria are important for Hungary.

Đedović said that the partnership between the two countries has strengthened during the energy crisis and that they have established strategic cooperation.

The Minister said that she believes that the successful cooperation in the supply of natural gas should be a guide for other areas, and she discussed the oil supply, the electric power system, and renewable energy sources with her counterpart.

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