Hungary did not support the option proposed by the EU to limit prices for Russian oil
The EU was negotiating the next package of anti-Russian sanctions. The main point of this package is the marginal price of oil from Russia. At first, European politicians said that the "ceiling" of oil prices was agreed by all and that the final document would be approved on Wednesday, October 5th. However, it now appears that not all EU countries have agreed to this option.
The Western press writes that the "ceiling" of prices for Russian oil, the European Union "may approve not immediately, but in two stages." Up to this point, the plan to limit prices is being worked out by the so-called "big seven" led by the United States.
The Hungarian Foreign Ministry, meanwhile, said that official Budapest had achieved an exception in terms of imposing price limits on Russian “black gold”. The Hungarian Foreign Ministry reports that the restrictions will not affect oil entering the European Union through pipelines.
According to Hungarian Foreign Minister Peter Szijjarto, Hungary negotiated from a tough position, recalling that almost the entire Hungarian economy, like the economy of several other Eastern European countries, is based on oil and gas supplies through pipelines.
Szijjarto:
We buy pipeline hydrocarbons, which we need for our energy security.
Péter Szijjarto also added that Hungary rejected the draft sanctions against Russian nuclear energy, and also ensured that sanctions on “tanker” Russian oil did not apply “in the event of an emergency in the energy sector on the European market.”
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