Companies from Hungary and Slovakia paid for the transit of Russian oil by Druzhba.  The Russian aspect was unable to make a cost as a result of sanctions

Companies from Hungary and Slovakia paid for the transit of Russian oil by Druzhba. The Russian aspect was unable to make a cost as a result of sanctions

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The Hungarian oil and gasoline firm MOL stated it had paid a payment for the transit of Russian oil to Europe through the southern department of the Druzhba pipeline. Reuters writes about it.

“By taking up the payment cost, MOL was ready to make sure a fast decision of the difficulty: the Ukrainian aspect undertook to renew the transportation of crude oil inside a number of days, which was stopped a number of days in the past as a result of technical issues on the aspect of the financial institution,” MOL stated in an announcement.

The Slovak oil refinery Slovnaft additionally introduced the cost of the payment for transporting oil alongside the Druzhba. Like MOL, she famous that the cost was made with the consent of Ukraine and Russia.

Slovak Financial system Minister Richard Sulik stated that the quantity paid to Slovnaft didn’t exceed 10 million euros. In accordance with him, oil transit by Druzhba may be resumed inside a number of hours. Sulik defined the stoppage of transit by a failure on the aspect of one of many Western European banks.

The Druzhba oil pipeline runs from Samara to the territory of Belarus, the place it’s divided into two branches. The northern one goes by Poland, Germany, Latvia and Lithuania. The southern oil goes by Ukraine to the Czech Republic, Slovakia and Hungary.

On August 4, Ukrtransnafta stopped pumping oil by the southern department of Druzhba. The Russian Transneft defined this by the truth that it was unable to make the subsequent transit cost to Ukrtransnafta as a result of EU sanctions.

On the finish of Might, the EU permitted a partial embargo on Russian oil imports. On the similar time, an exception was made for oil provides through the southern department of Druzhba to Hungary, the Czech Republic and Slovakia.

Learn additionally

  • Europe will refuse 90% of the oil it buys in Russia. Can we are saying goodbye to the Russian financial system?
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