Lukoil Supply to Hungary Halted as Ukraine Hardens Sanctions
- Mol and Lukoil are working to find a solution, Szijjarto says
- Hungary received an exemption from EU sanctions on Russian oil
Peter Szijjarto
Photographer: Attila Kisbenedek/AFP/Getty ImagesThis article is for subscribers only.
Hungary and Russia are working to resume oil deliveries by Lukoil PJSC after tougher sanctions by Ukraine kicked in against the company.
Ukraine last month hardened sanctions against Lukoil that effectively prohibit the firm from using Ukraine as a transit country for its product. Mol Nyrt., the Hungarian energy company, and the Russian oil firm are working on a solution, Foreign Minister Peter Szijjarto said late Tuesday following a meeting with Russian Foreign Minister Sergei Lavrov on the sidelines of a UN meeting in New York.