Brussels oil embargo proposal discussed in the Carmelite Monastery
06. 05. 2022.
Prime Minister Viktor Orbán convened an industry-specific meeting for Thursday afternoon in the Carmelite Monastery where attendees discussed issues related to Hungary’s energy security in connection with the Russia oil embargo planned by Brussels, Bertalan Havasi, the Prime Minister’s press chief informed the Hungarian news agency MTI.

Since the release of the EU draft, representatives of the Hungarian government have pointed out on a number of occasions that the European Commission’s latest package of sanctions against Russia cannot be responsibly supported in its present form as it would destroy the security of Hungary’s energy supply, the head of the Press Office of the Prime Minister recalled.

He added that Brussels would ban oil imports from Russia to Europe within a short time; in the case of Hungary, from the end of next year. At present, Hungary’s energy supply is guaranteed and rests on stable foundations. However, this sanction package would destroy that, and would frustrate the procurement of the quantity of crude oil that is necessary for the functioning of the economy.

The Thursday meeting held in the Carmelite Monastery was attended by Gergely Gulyás, the Minister heading the Prime Minister’s Office, Antal Rogán, the Prime Minister’s press chief, Minister for Innovation and Technology László Palkovics, Minister of Finance Mihály Varga, Minister without Portfolio for the Management of National Assets Andrea Mager, prime ministerial appointee Márton Nagy, János Bóka, the Prime Minister’s Secretary of State responsible for EU affairs, János Nagy, the Secretary of State heading the Programme Office of the Prime Minister, President of the Hungarian Chamber of Commerce and Industry László Parragh, MOL Chair-Chief Executive Zsolt Hernádi, Chair-Chief Executive of the MVM Group Gábor Czepek, President of the Hungarian Energy and Utilities Regulatory Agency Péter János Horváth, Chief Executive of the Hungarian Hydrocarbon Stockpiling Association Béla Bártfai, and President of the Supervisory Authority for Regulated Activities Marcell Bíró, Mr Havasi reported.