Hungary To Help Build Oil Pipeline To Ship Russian Crude

Capt. John

Hungary and Serbia have agreed to build a pipeline to supply Serbia with Russian Urals crude via the Druzhba oil pipeline as Belgrade’s shipments via Croatia fall under EU sanctions, says an article published on XM.

Seaborne crude deliveries

The European Union agreed on new restrictions against Russia over its war against Ukraine, which include an oil price cap for Russian seaborne crude deliveries to third countries.

Serbia gets its oil via the JANAF oil pipeline from Croatia.

New oil pipeline

“The...

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