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Hungary to release 1.8 million barrels of crude oil from strategic reserves
BUDAPEST: Hungary’s government will release about 1.8 million barrels of crude oil from its strategic reserves after a drone attack on the Druzhba pipeline late last month stopped oil flow, according to a government decree published late on Thursday. Croatia’s JANAF pipeline operator, however, said there was no need for Budapest to tap its reserves after Hungary’s oil company MOL said on Friday JANAF must allow transit of Russian seaborne oil to Hungary and Slovakia during the Druzhba outage.
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arabnews.com
Hungary to release 1.8 million barrels of crude oil from strategic reserves
BUDAPEST: Hungary’s government will release about 1.8 million barrels of crude oil from its strategic reserves after a drone attack on the Druzhba pipeline late last month stopped…
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thehindu.com
Hungary says it will block key E.U. loan to Ukraine until Russian oil shipments resume
Hungary will block a crucial E.U. loan to Ukraine until Russian oil shipments via the Druzhba pipeline resume.
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Hungary says it will block a key EU loan to Ukraine until Russian oil shipments resume
BUDAPEST: Hungary will block a planned 90-billion-euro ($106-billion) European Union loan to Ukraine until the flow of Russian oil through the Druzhba pipeline resumes, Hungary’s…