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Croatia Offers Hungary Crude Supply

OIL

Croatia is ready to help supply Hungary and Slovakia with crude in case of any disruptions by Russia on the Druzhba pipeline according to the Hungarian Foreign Minister Peter Szijjarto today.

  • "Croatia is ready to provide a route for oil shipments towards Hungary, should they become necessary," Szijjarto said.
  • Hungary has in effect been granted an exemption by the EU oil ban which at present does not apply to piped flows, though Germany and Poland have committed to stop their own piped flows from Russia by the end of the year.
  • Hungarian refinery MOL is set to begin talks today with Croatia regarding receiving imports from the country.
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