Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

European Union flags in front of the Berlaymont building of the European Commission in Brussels. Alamy Stock Photo

EU member states continue to negotiate details of Russia oil embargo

Several member states, most vocally Hungary, have demanded exemptions from the ban.

EUROPEAN DIPLOMATS WERE locked in difficult negotiations on the terms of the EU’s sixth round of sanctions against Russia today, with several members seeking guarantees for their oil supplies.

The package suggested last week by the European Commission would have seen most EU members halting oil imports from Russia by the end of the year, to punish Moscow for invading Ukraine.

But several member states, most vocally Hungary, demanded exemptions from the ban and or support to help them escape their long-standing dependence on a single pipeline for Russian crude.

Prime Minister Viktor Orban has declared the package as presented crossed a “red line” for Hungary, but diplomats in Brussels insist the technical negotiations are not blocked.

Ambassadors were to meet again today, but hopes that the package will be ready before tomorrow – to send a signal to Moscow on Russia’s Victory Day celebrations – were fading.

EU foreign policy chief Josep Borrell has said that if there is no agreement over the weekend he will call a meeting of foreign ministers next week.

Any decision on sanctions would have to be approved unanimously by member state governments.

“There is no political blockage, but the need to guarantee alternative sources of supply to landlocked countries dependent on Russian oil by pipeline, and it is not easy,” a European diplomat told AFP.

“These are new infrastructure and technological changes, which require not only European funding, but agreements between several member states. We are making progress, but that automatically takes time.”

Hungary, Slovakia and the Czech Republic have been offered permission to continue importing Russian oil until the end of 2024, but they also want help securing new sources of oil and retooling their refineries.

© AFP 2022

Author
View 29 comments
Close
29 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel

     
    JournalTv
    News in 60 seconds