Hungary is breaking away from EU sanctions on Russian oil. It will import it through a new pipeline.
Hungary refuses to comply with EU sanctions on crude oil imports from Russia. Following the suspension of deliveries by the Ukrainian operator of the Druzhba pipeline, a proposal for a new transit link has been made.
Budapest is conducting talks with the Russian and Serbian sides, which will soon result in the signing of a contract for the construction of a 180-kilometer section of the pipeline from Serbia to the refinery belonging to the fuel and energy company MOL in Szazhalombatla, located 30 kilometers south of Budapest.
We are making progress in talks with the Russian and Serbian sides regarding the construction of a new oil pipeline, wrote Hungarian Foreign Minister Peter Szijjarto on Platform X.
The Hungarian government plans to complete the investment in the second half of 2027. This route will transport approximately 5 million tons of crude oil from Russia annually.
Transneft will support Serbia in the construction of their section of the pipeline and, under a bilateral agreement, will in the future provide support in technical maintenance of the operation.
Journalist, graduate of political science at the Faculty of Law and Administration of the Jagiellonian University. Associated with the media for over 40 years. After graduating in 1982, he worked on the editorial staff of "Gazeta Krakowska" and "Kurier Polski." A member of the editorial team of "Przegląd Techniczny." He has published articles in "Student," "Przekrój," and "Życie Literackie." Since the economic and political transformation, he has been associated with Reuters as a correspondent in Krakow for over 20 years. For the next three years, he conducted practical classes with students at the Institute of Journalism, Media, and Social Communication of the Jagiellonian University. Since December 2021, he has joined the PTWP Group and works for the WNP.PL portal. His main professional interests include economics and politics at the global level and the participation of Polish business in this field, particularly companies listed on the Warsaw Stock Exchange. Winner of the "Ostra Pióra" award, granted for "spreading economic education" by the BCC, as well as the Golden Pear - a journalistic award of the Małopolska Branch of the Association of Journalists of the Republic of Poland.
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