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Orbán warns the EU that Hungary would need five years to reduce its dependence on Russian oil

Hungarian Prime Minister Viktor Orbán said on Friday that his country would need five years to transform its energy system, which is 65% dependent on Russian oil. Orbán has indicated that they would need to make “large investments” in their refineries and pipelines, reports the Reuters agency. “We know exactly what we need, first of all five years so that this whole process can be completed,” he maintained, noting that they would have to invest in their shipping system to allow oil imports from countries other than Russia.

Orbán has questioned whether it makes sense to make such investments to obtain results in four or five years, while the war in Ukraine “is happening now”, which is why his government, he has said, is waiting for a new proposal from the European Commission. . “I don’t want to confront the EU, but to cooperate… but this will only be possible if they take our interests into account.”

The president of the European Commission, Ursula von der Leyen, who presented the sixth round of Brussels sanctions against Moscow on Wednesday, explained that the EU will carry out the embargo on Russian oil so that it can find alternative sources of supply and “minimize the impact in the global market”. “That is why we will end the supply of crude oil in six months and refined products at the end of the year,” she said. EU diplomats announced that Hungary and Slovakia would be the exception and would have a greater margin, until 2023.

On the proposal, Orbán has indicated that the ban on importing Russian oil would be equivalent to launching an “atomic bomb” on the Hungarian economy.

On the other hand, Orbán reiterated his refusal to send weapons to Ukraine, considering that this action could lead to attacks by Russian troops beyond the western border of Ukraine, where “ethnic” communities of Hungarians reside. (Reuters)

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