CAPRICORN-88
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May 3, 20227
https://www.reuters.com/world/europe/
and Kate Abnett
The European Union flags flutter ahead of the gas talks between the EU, Russia and Ukraine at the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/
BRUSSELS, May 2 (Reuters) - The European Commission may spare Hungary and Slovakia from an embargo on buying Russian oil, now under preparation, wary of the two countries' dependence on Russian crude, two EU officials said on Monday.
The Commission is expected to finalise on Tuesday work on the next, and sixth package of EU sanctions against Russia over its actions in Ukraine, which would include a ban on buying Russian oil. Exports of oil are a major source of Moscow's revenue.
Hungary, heavily dependent on Russian oil, has repeatedly said it would not sign up to sanctions involving energy. Slovakia is also among the EU countries most reliant on Russian fossil fuels.
continue..
https://www.reuters.com/world/europe/
EU may offer Hungary, Slovakia exemptions from Russian oil embargo
By Jan Strupczewskiand Kate Abnett
The European Union flags flutter ahead of the gas talks between the EU, Russia and Ukraine at the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/
BRUSSELS, May 2 (Reuters) - The European Commission may spare Hungary and Slovakia from an embargo on buying Russian oil, now under preparation, wary of the two countries' dependence on Russian crude, two EU officials said on Monday.
The Commission is expected to finalise on Tuesday work on the next, and sixth package of EU sanctions against Russia over its actions in Ukraine, which would include a ban on buying Russian oil. Exports of oil are a major source of Moscow's revenue.
Hungary, heavily dependent on Russian oil, has repeatedly said it would not sign up to sanctions involving energy. Slovakia is also among the EU countries most reliant on Russian fossil fuels.
continue..