transit-of-lukoils-oil-through-ukraine-the-european-commission-sees-no-reason-for-concern

Transit of Lukoil's oil through Ukraine: the European Commission sees no reason for concern

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The European Commission has studied the impact of sanctions imposed by Ukraine against the Russian company Lukoil and said that it sees no reason to be concerned about oil supplies to Hungary and Slovakia. This was stated by Vice President of the European Commission Valdis Dombrovskis in a commentary to Radio Liberty, UNN reports.

We investigated the impact of Ukraine's sanctions on Russian energy supplier Lukoil and gathered information from all sides - Slovakia, Hungary, as well as Ukraine and Croatia - to get a complete and accurate picture of the situation...Crude oil supplies through the Brotherhood pipeline continue, and there are no security concerns at this time

- Valdis Dombrovskis said.

The official also said that the European Commission had received confirmation from the Ukrainian authorities that the transit of crude oil from Russia to Hungary and Slovakia was not affected, as Lukoil is not its owner.

"We continue to monitor the situation closely and are actively working with interested Member States on alternative solutions, including through the Janaf Adriatic Pipeline. More broadly, we have renewed our calls on Member States to accelerate their efforts to reduce their dependence on Russian fossil fuels," Dombrovskis said.

Recall 

Slovakia and Hungary claimedthat Ukraine has stopped transit of oil from Russia's Lukoil.

Slovak Prime Minister Fico criticized Ukraine's sanctions against Lukoil.

Tatiana Kraevskaya

Economy

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