Hungarian MOL offered to pay for the transit of Russian oil through Ukraine

The largest Hungarian oil and gas company MOL is negotiating to take over the payment for the transit of Russian oil through Ukraine. About it “Interfax” reported in the press service of the company.

Earlier, Russian Transneft was unable to pay for transit services due to EU (EU) sanctions.

MOL reported that the transportation of oil through the Druzhba pipeline was suspended due to technical problems of banks related to the payment of a transit fee by the Russian Federation. Although MOL has several weeks of oil reserves, the company is in talks to take over the commission.

Today, August 9, it became known that the state company Ukrtransnafta has stopped pumping oil through the southern branch of the Druzhba oil pipeline system since August 4. Through this branch, raw materials are supplied to Hungary, Slovakia and the Czech Republic.

The EU, in response to the military operation in Ukraine, began to abandon Russian energy resources. The EU has discussed imposing a full embargo on them, but a number of bloc member countries, especially the landlocked Czech Republic, Hungary and Slovakia, are completely dependent on Russian supplies via the Druzhba oil pipeline.

It was assumed that for such countries the EU could provide a longer transition period.

Maria Fedotova


Be the first to read breaking news on Today’s latest news, and live news updates, read the most reliable English news website

Leave a Comment