Hungary asked the EU for itself an exemption from the Russian Federation’s sanctions on petroleum products

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Péter Szijjarto, head of the Hungarian Ministry of Foreign Affairs and Foreign Economic Relations, said Budapest had proposed to the European Union to extend the Hungarian energy company MOL’s exemption from anti-Russian sanctions for another year and allow it to continue. Selling petroleum products from Russian raw materials. He expressed this at a joint press conference with his colleague Miroslav Vlahovsky from Slovakia. TASS.

Commenting on EU sanctions against the Russian Federation, the head of the Hungarian Ministry of Foreign Affairs noted that the exemption, which allows the sale of the Slovak oil company Slovnaft, which is part of the MOL group of companies, will expire at the end of 2023. Petroleum products from Russian raw materials in the Czech Republic.

Szijjarto emphasized that the company has “invested hundreds of millions of euros” to make its refinery in Bratislava capable of processing oil from other sources. According to him, such a study could take another year.

“We ask the European Union to extend the sanctions exemption for another year,” he said.

In April, Peter Szijjarto announced the signing of an agreement that would allow the direct transit of Russian oil through Ukrainian territory. pay Hungarian company MOL.

Former US Treasury extended sanctions against Russia.

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