Post Tagged with: "Hungary"

Source: CNBC

Hungary says it’s impossible for Europe to ban Russian gas anytime soon. Putin agrees


Hungarian Foreign Minister Peter Szijjarto has ruled out the prospect of a Russian gas ban in the European Union’s next package of sanctions, saying it would be “impossible.”

Landlocked Hungary is overwhelmingly dependent on Russian hydrocarbons.

Szijjarto’s comments come …

Source: World Oil

Hungary says ditching Russian oil to cost at least $810 million

World Oil

(Bloomberg) — Hungary told its European Union counterparts that it will cost at least 770 million euros ($810 million) to revamp its oil industry as they wrangle over potential sanctions that would target Russian supplies.

Prime Minister Viktor …