The European Commission’s new package of sanctions against Russia cannot be supported in this form, as it would destroy Hungary’s energy security, Minister of Foreign Affairs and Trade Péter Szijjártó said in a statement issued by the Ministry of Foreign Affairs in Uzbekistan on Wednesday.
“We can live with all of these measures, although there is obviously room for debate about their effectiveness, but now is not the time to be clever because there is a war going on in the neighborhood,” he said.
“At the same time, oil shipments from Russia to Europe would be banned, with a short deadline for Hungary from the end of next year,” he added.
The FM pointed out that Hungary can buy enough oil from Russia through existing pipelines, and at present, from a technological point of view, only Russian oil can be processed.
He stressed that in order to support the measures, the embargo cannot apply to the transport of oil through pipelines.
Szijjártó underlined that Hungary’s energy supply is currently secure, stable and on a solid footing, but this sanctions package would completely destroy it, making it impossible to get the oil needed to keep the economy running.
“It is not a question of lack of political will, it is not a question of will, it is not a question of duration, it is quite simply a physical, geographical and infrastructural reality,” he said.