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March 19
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Hungary will get an exception to the EU's planned price cap on Russian oil imports, Foreign Affairs and Trade Minister Péter Szijjártó said, adding that several dangerous proposals are still on the table, Daily Hungary reported.

Under the plan, the oil price cap would not apply to either pipeline deliveries or deliveries by sea if they become necessary due to the unviable viability of pipeline delivery. According to Szijjártó, this latter exemption is important given the disruptions to oil deliveries through Ukraine.

If these exemptions were not applied, the volume of Russian oil supplies would decrease, which would lead to higher prices, Szijjártó said.

As for other proposals of the European Commission, the Minister criticized the mechanism of solidarity, aimed at preventing a sharp disproportion of gas supplies through the bloc, calling it another forceful aspiration from Brussels, aimed at undermining the energy policy sovereignty of member states.

He noted that the scheme would require member states to notify the EC six weeks in advance of their intention to discuss gas supplies at a time when quick decisions are needed.

He also criticized the part of the proposal that requires member states that have enough gas in storage to give some of it to countries facing problems during the crisis.

Szijjártó said member states have not reached an agreement on imposing price caps on gas imports. Szijjártó called the proposal dangerous, senseless and inadequate, saying there was a risk that gas supplies from Europe would be suspended or diverted elsewhere.

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