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<Commodity> Hungary to Gradually Cease Natural Gas Supply to Ukraine
Hungary announced that it will gradually cease supplying natural gas to Ukraine until the "Friendship" oil pipeline resumes crude oil transportation. The country stated that it is ...
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<Commodity> Hungary to Gradually Cease Natural Gas Supply to Ukraine
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Hungary announced that it will gradually cease supplying natural gas to Ukraine until the "Friendship" oil pipeline resumes crude oil transportation. The country stated that it is gradually stopping the delivery of natural gas to Ukraine and will store the remaining gas within Hungary. Hungary and Slovakia have attributed the disruption of the "Friendship" oil pipeline to Ukraine. This pipeline was originally used to transport Russian crude oil to refineries in both countries through Ukraine.

Ukraine stated that the pipeline was damaged by a Russian drone attack at the end of January and is currently undergoing repairs as quickly as possible. Ukraine also mentioned that Hungary is still supplying natural gas and claimed that if Hungary decides to stop the supply, the only consequence would be a loss of over USD1 billion in related revenue for the Hungarian economy and its people. Data from the Ukrainian gas transmission system operator showed that Ukraine received 8.3 million cubic meters of natural gas from Hungary yesterday (25th), the same volume as on Tuesday (24th). (fc/da)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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