Kazakhstan and Hungary have agreed on oil deliveries and joint energy projects. This was reported by the Ministry of Energy of Kazakhstan after a meeting between Energy Minister Almasadam Satkaliev and Hungary’s Minister of Foreign Economic Relations and Foreign Affairs, Péter Szijjártó.
The parties agreed on test deliveries of Kazakh oil to Hungary via the 'Druzhba' pipeline throughout 2025. In addition, they discussed the prospects for cooperation in the energy sector, particularly in the oil and gas industry, between Kazakhstan's KazMunayGas and MOL Group of Hungary.
The importance of the effective development of the Rozhkovskoye gas condensate field, in which both companies are involved, was also highlighted. The Kazakh side expressed interest in the experience of Hungarian partners in producing dry cooling towers for nuclear power plants, particularly from MVM Group.
"Kazakhstan highly values its strategic partnership with Hungary. We see significant potential for expanding cooperation in energy, both in the oil and gas sector and in the peaceful use of nuclear energy," said Almasadam Satkaliev.
The 'Druzhba' pipeline, which connects Russian oil fields with European refineries, transports crude oil to Hungary, Slovakia, and the Czech Republic, as well as transit volumes of Kazakh oil to Germany. The southern branch of the pipeline passes through Ukraine, transporting oil to Hungary, Slovakia, and the Czech Republic. The operator of the Ukrainian section is Ukrtransnafta.
The oil transit agreement was signed in 2019, with a term of validity until the end of 2029. Due to Ukraine’s sanctions against Lukoil in 2024, the new customer for transportation services became the Hungarian MOL Nyrt., which purchases Russian oil at the Belarusian-Ukrainian border.
