Tuesday, January 29, 2013

Hungary looks to Qatar to meet energy needs



DOHA: Hungary is eyeing Qatar as its key partner to meet its strategic target to make it energy secure. A top visiting official said yesterday the country is looking for cooperation  in various sectors of the emerging  Qatar, including in agriculture and infrastructure.

A high-level delegation, led by  Peter Szijjarto, State Secretary of the Hungarian Prime Minister’s Office, signed a memorandum of understanding (MoU)  with Qatar on energy cooperation in the event of  Croatia launches its  international LNG terminal, where Qatar  is likely to be  one of the top players delivering LNG there.

The Minister of Energy and Industry and Chairman and Managing Director of Qatar Petroleum 
H E Dr Mohammed bin Saleh Al Sada, and Szijjarto signed the MoU between the Ministry of Energy and Industry in Qatar and the Ministry of National Development in Hungary.

Making country energy secure is our prime target. We need to stop depending on a single-country source developing multiple sources. Being   top LNG exporter and third biggest gas resource, we believe Qatar can be one of our major partners to help meet our target, Peter told yesterday.

“The proposed Croatian LNG terminal can play a key role in Hungary-Qatar partnership. We understand negotiations were going on with Qatari partners and Croatian partners,” he said.

http://thepeninsulaqatar.com/business/223668-hungary-looks-to-qatar-to-meet-energy-needs.html

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