By Tamas Csonka in Budapest Hungary’s state-owned energy giant MVM Group has signed an agreement with Azerbaijan to acquire a 5% stake in the Shah Deniz field. The transaction is expected to close in Q3. The acquisition, a milestone for Hungary, will put the security of the country’s gas supply ‘in a new dimension’, Hungarian Foreign Affairs and Trade Peter Szijjarto said in Baku at a joint press conference with his Azerbaijani counterpart Jeyhun Bayramov. Hungary has predominantly imported natural gas from Russia, even following Russia’s invasion of Ukraine in 2022, which prompted other Europ…