EGN NEWS DESK
Hungary final month referred to as on the EU to drive Ukraine to again down over the sanctions, which it claims quantity to vitality blackmail. The EU, nevertheless, declined to interact, indicating there have been a number of choices to make sure oil would nonetheless circulate.
Now Gulyás is asking on Kyiv to approve a brand new plan that might see Lukoil’s merchandise merely traded to a different firm on the border earlier than going by way of Ukraine.
“As quickly as we will signal the contracts with the Ukrainian aspect, they’ll enter into drive,” he stated. The association would imply paying a further $1.50 per barrel to safe transit exterior of earlier agreements.
Responding to a query from POLITICO, Ukraine’s vitality minister, German Galushchenko, declined to decide to supporting the plan however stated Kyiv would “see whether or not we might get some requests for negotiation from the Hungarians.”
The proposal just isn’t fully new, and will already informally be in use, consultants declare.
“MOL proposed this on the primary day of the disaster,” stated Martin Vladimirov, director of the vitality and local weather program on the Center for the Study of Democracy. According to Vladimirov, the proposal will show tough for Kyiv to reject so long as different suppliers of Russian oil can transfer their merchandise by way of the nation.
