“Things don’t look good,” Viktor Orbán told reporters in Brussels on Monday. The Prime Minister acknowledged that they had just received the final text proposal of the sixth sanction package against Russia, which will cover Russian oil transported by sea, but not through pipelines.
This is a good solution for Hungary. It doesn’t throw an atomic bomb on the Hungarian economy.
The Prime Minister also said that rules for gas arriving through pipelines would be debated on and adopted at a later time.
Although there are good parts in the proposal, Orbán said that it was not enough of a guarantee for Hungary:
What causes a problem for us is if something should happen to the Russian oil arriving by pipeline, as the Ukrainians and others have already talked about, we should have the right to obtain it by sea. We need this guarantee. If we can get this, then we’re fine.
The Prime Minister said that Hungary cannot make any extra profit because oil company MOL is being asked to make investments that will cost a lot of money, yet their products will be more expensive. In other words, he thinks that Brussels is asking the company to spend a lot of money on refinery construction, which will result in higher gasoline prices for Hungarians.
“This is insanity, it’s an atomic bomb. If anyone has to provide compensation, it’s not us, but the European Commission,” claimed Orbán.
Responding to foreign journalists, Orbán also denied that any compromise deal on sanctions had been made, and claimed that the European Commission’s “irresponsible behavior” had put Hungary in a difficult situation. [HVG]