Energy security

Hungary's Orban Warms to Putin Over Nuclear Deal

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LONDON — Russia has reiterated its commitment to investing tens of billions of dollars in Hungary's energy sector, despite the ongoing European sanctions against Moscow. Russian President Vladimir Putin backed the deal Tuesday after hosting Hungarian Prime Minister Viktor Orban at the Kremlin.

Orban said his country's relationship with Russia was of great importance.

Turkmen gas to Europe

By A. Dunn

 

Despite some skepticism of a number of politicians and experts regarding the construction of the Trans-Caspian gas pipeline (TCP) from Turkmenistan to Azerbaijan through the Caspian sea, the chances of the project’s implementation are now impartially much greater than before the signing of the agreement on the legal status of the Caspian sea in August.