RusEnergy

MOSCOW, February 16 (RIA Novosti) - Russian Prime Minister Mikhail Fradkov confirmed Russia's intention to continue fulfilling its previous obligations to supply oil to Hungary. "Today, we discussed the issue of oil supplies from Russia [to Hungary]. We confirmed that Russia would continue fulfilling its previous obligations," Mr. Fradkov said at a meeting with his Hungarian counterpart Ferenc Gyurcsany. In Mr. Fradkov's opinion, Russian-Hungarian cooperation in the fuel and energy sphere is promising. To quote him, "we regard our relations with Hungary, including cooperation in the sphere of oil, gas and nuclear power engineering, as promising." Among major Hungarian investment projects in which Russia will take part, Mikhail Fradkov mentioned the continued construction of the Budapest subway with the modernizations of the subway car fleet and the expansion of the Pacs nuclear power plant. Apart from this, there are some projects in Russia in which the Hungarian side will take part. The two countries' governments signed an agreement on the arrangements related to the manufacture and repair of weapons, military hardware and their components produced under the former USSR's licenses in the Republic of Hungary. In his conversation with journalists, Russia's prime minister pointed out that this was one of the first agreements in this sphere signed with an East-European country. "What is meant is the repair of military hardware on the basis of licenses issued in the Soviet Union," Mr. Fradkov said, In turn, the Hungarian prime minister told about the Danube aircraft-building plant operating in Hungary now. The plant manufactures and repairs military hardware on the basis of ten licenses issued by the former USSR. In Ferenc Gyurcsany's words, these are licenses for the repair of helicopters of Soviet make.