Sputnik: Hungary Ahead of Eastern Europe States for Turkish Stream Implementation
While Eastern Europe countries have continued urging Brussels to revive the South Stream project, Hungary has left them behind, taking the opportunity to develop the Turkish Stream in close cooperation with Russia.
As Russia, forced to withdraw from its long-anticipated South Stream, announced its new Turkish Stream initiative, Hungary took the opportunity of strengthening energy ties with Moscow.
During his last visit to Budapest, Russian President Vladimir Putin signed a number of important agreements in the energy sphere with Prime Minister Viktor Orban. Experts stressed that the meeting took place amid growing tensions between the West and Russia, aggravated by the ongoing turmoil in Ukraine. It should be mentioned that Russia is Hungary's largest trade partner, supplying the state with almost 80 percent of its oil and 70 percent of its natural gas. Facing strong criticism from Brussels and the EU's member states for his close cooperation with Russia, Viktor Orban, however, welcomed a chance to give his support to the construction of the Turkish Stream gas pipeline.
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