Index Investing News
Saturday, May 23, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Halted shipments of Russian oil resume to Slovakia

by Index Investing News
August 10, 2022
in World
Reading Time: 3 mins read
A A
0
Home World
Share on FacebookShare on Twitter


PRAGUE — Oil shipments from Russia via a vital pipeline to a number of European nations resumed after an issue over funds for transit was resolved, Slovakia’s Economic system Minister Richard Sulik mentioned on Wednesday.

“Oil is already on Slovakia territory,” Sulik mentioned on Fb. He gave no additional particulars.

However no oil has reached the neighboring Czech Republic but, the nation’s Mero pipeline operator mentioned, and Hungary additionally was nonetheless to obtain deliveries by Wednesday night.

Russian state pipeline operator Transneft mentioned Tuesday it halted shipments via the southern department of the Druzhba, or Friendship, pipeline, which runs via Ukraine to the Czech Republic, Slovakia and Hungary. The northern leg of the Druzhba pipeline, which runs via Belarus to Poland and Germany, was unaffected, Transneft mentioned.

Transneft cited problems as a consequence of European Union sanctions for its motion on Aug. 4, saying its fee to the corporate’s Ukrainian counterpart was refused.

Earlier Wednesday, Sulik mentioned the funds can be made by Slovak refiner Slovnaft after each the Russian and Ukrainian sides agreed to the answer. Slovnaft is owned by Hungary’s MOL power group.

MOL confirmed the cash has been transferred. However Slovnaft spokesman Anton Molnar mentioned the deal lined solely shipments to Slovakia and Hungary and to not the Czech Republic.

Czech Trade and Commerce Minister Jozef Sikela mentioned his nation has joined forces with Polish authorities to search for choices to renew oil shipments to the Czech Republic. Two Czech oil refiners, together with the one in Litvinov that processes Russian oil, are owned by Poland’s oil and power big PKN Orlen.

Sikela didn’t present extra particulars.

Slovakia receives virtually all its oil via the Druzhba pipeline. Sulik mentioned the fee is price some 9–10 million euros (as much as $10.2 million).

He mentioned his nation would work on a long-term resolution to the issue which he mentioned was attributable to the refusal of an unnamed financial institution in Western Europe to switch the cash as a result of sanctions imposed by the EU on Russia for its struggle in opposition to Ukraine.

“I wouldn’t search for a political context behind it, there’s none,” Sulik mentioned.

Nevertheless, Simone Tagliapietra, an power skilled on the Bruegel suppose tank in Brussels, mentioned Russia has weaponized pure fuel heading to Europe by claiming technical points, and “this opens questions on whether or not it would now do the identical with oil.”

Russia has blamed gear repairs for its choice to slash flows via the Nord Stream 1 pipeline to Germany, whose authorities has referred to as it a political transfer to sow uncertainty and push up costs amid the struggle in Ukraine.

EU leaders agreed in Could to embargo most Russian oil imports by the top of the 12 months as a part of the bloc’s sanctions over Moscow’s invasion of Ukraine.

The embargo covers Russian oil introduced in by sea, however allowed momentary Druzhba pipeline shipments to Hungary and sure different landlocked nations in central Europe, akin to Slovakia and the Czech Republic.

“These nations are very depending on Russian oil and as such they could face shortages within the brief time period ought to the interruption be lasting,” Tagliapietra mentioned.

Some drivers in Hungary have been anticipating that on Wednesday, prompting MOL to attraction to the general public asking prospects to cut back their petrol purchases.

“For now, I maintain attempting to maintain my automobile’s tank topped up, so I don’t run out of gasoline. After which we’ll see,” mentioned Erzsebet Kovacs.

———

Courtney Bonnell in London and video journalist Bela Szandelszky in Budapest, Hungary, contributed.

———

Observe AP’s protection of the struggle in Ukraine at https://apnews.com/hub/russia-ukraine



Source link

Tags: haltedOilresumeRussianshipmentsSlovakia
ShareTweetShareShare
Previous Post

Episode #435: Radio Present with Michael Batnick & Ben Carlson of RWM – Meb Faber Analysis

Next Post

All You Want To Know About The Tamadoge Crypto $100k Airdrop

Related Posts

U.S. F-16s hold the line in the Gulf after Iran campaign ends

U.S. F-16s hold the line in the Gulf after Iran campaign ends

by Index Investing News
May 23, 2026
0

Key PointsU.S. Air Force F-16s conducted patrols in the CENTCOM area of responsibility on May 14, 2026, carrying mixed air-to-ground...

Pakistan sentences man to death for killing TikTok star Sana Yousaf | Gender Equity News

Pakistan sentences man to death for killing TikTok star Sana Yousaf | Gender Equity News

by Index Investing News
May 19, 2026
0

The verdict against Umar Hayat who killed a teenage influencer in her home ‘is for the entire society’, her father...

Oklahoma sues Roblox, AG claims online game ‘exploited minors’

Oklahoma sues Roblox, AG claims online game ‘exploited minors’

by Index Investing News
May 15, 2026
0

Oklahoma became the 12th U.S. state to sue Roblox on Thursday. WASHINGTON — The Oklahoma attorney general announced he was...

Prosecutors cite terrorist intent in bomb attack on headquarters of Dutch ruling party

Prosecutors cite terrorist intent in bomb attack on headquarters of Dutch ruling party

by Index Investing News
May 11, 2026
0

THE HAGUE, Netherlands -- A 37-year-old man accused of a bomb attack on the Dutch premier’s party headquarters is suspected...

Australian women, children linked to ISIS return from Syria

Australian women, children linked to ISIS return from Syria

by Index Investing News
May 7, 2026
0

Listen to this articleEstimated 4 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We...

Next Post
All You Want To Know About The Tamadoge Crypto 0k Airdrop

All You Want To Know About The Tamadoge Crypto $100k Airdrop

This is Why This Housing Market Is not Like 2008, However Why You Ought to Nonetheless Be Involved

This is Why This Housing Market Is not Like 2008, However Why You Ought to Nonetheless Be Involved

RECOMMENDED

11 Books to Add to Your Entrepreneurial Bookshelf This Fall

11 Books to Add to Your Entrepreneurial Bookshelf This Fall

October 9, 2024
What Role Will the Israel-Hamas War Play in Hollywood’s Awards Season?

What Role Will the Israel-Hamas War Play in Hollywood’s Awards Season?

January 7, 2024
3M Co. could face greater than 0 billion in losses and potential chapter as a result of defective earplugs : shares

3M Co. could face greater than $100 billion in losses and potential chapter as a result of defective earplugs : shares

August 17, 2022
10 years of rally in U.S. house prices could end, says Robert Shiller

10 years of rally in U.S. house prices could end, says Robert Shiller

July 24, 2023
China-US relations will worsen after Taiwan disaster

China-US relations will worsen after Taiwan disaster

August 8, 2022
An Introduction to Navigating Corporate Human Rights

An Introduction to Navigating Corporate Human Rights

February 21, 2023
Neymar hails ´deserved´ Benzema victory in Ballon d´Or but slams low Vincius ranking

Neymar hails ´deserved´ Benzema victory in Ballon d´Or but slams low Vincius ranking

October 19, 2022
Kenan Thompson Crashes 90s Con to Talk Good Burger 2, Amanda Bynes Cancels at Last Minute

Kenan Thompson Crashes 90s Con to Talk Good Burger 2, Amanda Bynes Cancels at Last Minute

March 19, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In