Hungary agreed on the supply of Russian oil through Ukraine – Bloomberg
Hungarian energy company Mol Nyrt. signed an agreement that will ensure uninterrupted supply of Russian oil through a pipeline passing through the territory of Ukraine.
This is reported by the Bloomberg agency.
The news comes after Ukraine effectively banned Lukoil from using it as a transit country in response to the Russian invasion. According to the agreement, Mol, which controls oil refineries in Hungary and Slovakia, will take over the supply of oil on the Belarusian-Ukrainian border from September 9.
Previously, the Russian side was responsible for the delivery of oil to the borders of Hungary and Slovakia with Ukraine.
“The new agreement provides a sustainable solution for the transportation of oil through the Druzhba pipeline,” said Mol’s Vice President for Downstream Gabriel Szabo, referring to the pipeline connecting Russia and Hungary through Ukraine. The company did not specify which company would carry out the supply.
Landlocked Hungary and Slovakia have been granted temporary exemptions from European Union energy sanctions against Russia. After Ukraine tightened sanctions against Lukoil in July, Hungary and Slovakia received oil from producers such as Tatneft.
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