
Hungarian Prime Minister Viktor Orbán has ordered a halt to the transit of natural gas through his country into Ukraine from July, according to a decree published overnight.
The decree follows Orbán's stated aim of pressuring the neighbouring country to restore the flow of oil through the Druzhba pipeline, which was damaged in a Russian strike.
"As long as Ukraine does not give us oil, it will not get gas from Hungary," Orbán said on Wednesday on his Facebook page.
According to experts, the blocking of gas transit into Ukraine raises serious legal questions.
The gas trade is in the hands of private companies, including firms that trade in the energy commodity and those that handle its transport through pipelines. In Hungary, this is pipeline operator FGSZ, a subsidiary of oil and gas group MOL.
Traders purchase transit capacities from pipeline operators, which are allocated at auction.
Orbán's decree prohibits Hungarian operator FGSZ from offering capacities for transit to the entry points into Ukraine from July onwards.
The company has already sold capacities for the second quarter, until June. Any interference with those contracts would have exposed the government to enormous compensation claims.
Ukraine received around 44% of its gas imports via Hungary last year, according to the state gas grid operator. Poland and Slovakia are also important transit countries for Ukrainian gas imports.
The Hungarian prime minister, seen as Russia's most important ally in Europe, faces a parliamentary election on April 12 and is accused of using its leverage over Ukraine to win votes.
LATEST POSTS
- 1
Vote In favor of Your Favored Cereal - 2
IDF Home Front Command extends siren warning times for Hezbollah rockets in North - 3
Hundreds of Intact Dinosaur Eggs Emerge From 72-Million-Year Time Capsule - 4
Russia earning billions from Hormuz blockade, German trade body says - 5
Supercharge Your Remote Work Arrangement with These Game-Changing Instruments
Hanwha Ocean secures orders worth $866m for five vessels
An ex-FBI agent analyzes what we learned from Savannah Guthrie's 'Today' show interview amid the search for her mother Nancy
They want better health care — so they're turning to crypto startups
Vote in favor of the subject that you see as generally captivating and intelligent!
Step by step instructions to Involve Compact disc Rates for Magnanimous Giving
Russia earning billions from Hormuz blockade, German trade body says
Eight wounded, cars catch fire in central Israel following strike from Iranian cluster munition
Online business Stages for Little Retailers
Find Exemplary Scents: An Extensive Aide













