Hungary achieves non-proliferation of oil price ceiling for pipelines

MOSCOW, 5 Oct — PRIME. Hungary, as a result of persistent negotiations at the Council of Permanent Representatives of the EU countries, has ensured that the oil price ceiling does not apply to pipeline supplies and sea supplies replacing them in an emergency, as well as the exclusion of nuclear energy from the new package of European sanctions against the Russian Federation, the head of the Hungarian Foreign Ministry said Peter Sijjarto.

“We have negotiated hard and achieved that oil price restrictions do not apply to pipeline oil supplies (this is how we buy oil that is necessary for our energy security), and in case of an emergency it also does not apply to sea transport that replaces pipelines” Szijjarto wrote on social media.

He also noted that Hungary “managed to achieve the exclusion of nuclear energy from the sanctions, therefore, these sanctions do not apply to the construction of the new Paks nuclear power plant.” to the sanctions list,” Szijjarto added, stressing that Hungary intends to continue to defend its own energy security and not support sanctions that harm it.

The West stepped up sanctions pressure on Russia over Ukraine, which led to higher prices for electricity, fuel and food in Europe and the United States. Russian President Vladimir Putin has previously said that the policy of containing and weakening Russia is a long-term strategy for the West, and sanctions have dealt a serious blow to the entire global economy. According to him, the main goal of the West is to worsen the lives of millions of people. Russia has repeatedly stated that it will solve all the problems that the West creates for it.