Russia Boosts Oil Flows to Hungary and Slovakia Early This Month
- Average daily crude exports rose on monthly basis on Sept. 1-4
- Lukoil hasn’t resumed Druzhba oil flows in September
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Russia’s crude oil exports to Hungary and Slovakia via Ukraine rose significantly in early September, with Tatneft PJSC and other producers replacing sanctioned Lukoil PJSC’s barrels.
Kyiv hardened restrictions against Russia’s second-largest oil producer over the Kremlin’s military aggression, effectively prohibiting the company from transiting crude through its territory earlier this summer. The sanctions against Lukoil affected Hungary and Slovakia, landlocked nations that have continued to import Russian barrels via the Druzhba pipeline through Ukraine after obtaining temporary exemptions from European Union energy sanctions.