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Los governments of Hungary and Slovakia They activated this Wednesday their emergency oil reserves given the situation created by the interruption of Russian crude oil from Ukrainesince his Druzhba pipeline is damaged since January Russian attacks.
Furthermore, kyiv has decided to stop allowing the flow of Russian oil through its territory for weeks, affecting especially the two allied countries of Vladimir Putin in the European Union, What do you see in this cut? “blackmail” by Volodymyr Zelensky.
Slovakia has been the first country to activate this emergency and has decided to release “a maximum of 250,000 tons of reserve
oil”, half of the strategic reserves, and make them available to the petrochemical company Slovnaft, linked to the Hungarian MOL, to keep the local market supplied, while at the same time Exports to Ukraine and other countries are interrupted.
Shortly after, Hungary, Moscow’s best ally in the EU, did the same. buys at least 65% of oil and 85% of gas from Russia that consumes the country.
The reason for this measure is supply interruption through the Druzhba pipeline, the longest in the world and which serves to transport Russian crude oil to regions of Europe, from It’s been three weeks now.
Ukraine blames Russia
For now, Ukraine continues to blame Russia for this incident and points to an attack carried out by Russian troops on January 27.
This does not convince either Slovakia or Hungary at all, which have announced that They will stop supplying diesel to Ukraine for blackmailing them.
“This is nothing more than blackmail from Ukraine to force Hungary to enter the coalition of war-mongering European countries,” the Hungarian Prime Minister said this Wednesday Viktor Orbán, who refuses to support any type of aid to Ukraine or its future membership in the EU and NATO.
90 day reservations
The refineries in Slovakia and Hungary will not have immediate supply through this system and the supply through tankers may take between 20 and 30 days.
These emergency reserves must have a duration of at least 90 days, as stipulated in the European Union.
For now, Ukraine continues to blame Russia for this incident and points to an attack carried out by Russian troops on January 27.
“Everything produced will be destined for the Slovak market”stated, for his part, the Prime Minister, Robert Fico.
The populist politician, who also has good relations with Moscow, has made it clear that the country You will not suffer from fuel shortages.
EU denies short-term risk
Already yesterday, the European Commission assured that I did not see short-term risks for the security of oil supply in Hungary or Slovakia, since both EU countries have ample emergency reserves estimated to last about three months.
A possible fuel crisis would play against Orbán, related to Moscow, which faces the possibility of losing power after 16 years in office following the elections scheduled for April 12.
In response to the Druzhba disruption, Hungary wants to avail itself of an emergency exemption from EU sanctions to iImport Russian oil via Croatia’s Adria pipeline and has asked Croatia to facilitate this operation.
Slovakia is also negotiating to guarantee oil supplies through Adria, which runs from the Croatian port of Omisalj to the refineries of Croatia and others in southern and central Europe.
Seaborne imports of Russian crude oil are banned by EU sanctions, although landlocked EU countries can apply for an exemption if pipeline oil supplies from Russia are disrupted.