Slovakia says its refineries would need years to make the switch away from Russian crude. AFP
Slovakia says its refineries would need years to make the switch away from Russian crude. AFP
Slovakia says its refineries would need years to make the switch away from Russian crude. AFP
Slovakia says its refineries would need years to make the switch away from Russian crude. AFP

Hungary and Slovakia say they need Russian oil despite embargo calls


Tim Stickings
  • English
  • Arabic

Live updates: follow the latest news on Russia-Ukraine

Hungary and Slovakia said on Tuesday they were not willing to cut off Russian oil imports, raising the question of nations opting out if the EU sought an embargo against Moscow.

EU leaders are under pressure from Ukraine and member states such as Poland to include an oil ban in a sixth round of sanctions, to cut off a lucrative source of funding for Moscow and take a geopolitical weapon out of Russian President Vladimir Putin's hands.

The bloc's foreign policy chief, Josep Borrell, said the sixth package due to be presented shortly would aim to "tackle oil imports" as well as penalising more Russian banks and imposing sanctions on people accused of peddling disinformation.

But while Germany and Austria have warmed to an oil embargo after initially opposing it, Hungary and Slovakia say their economies are too reliant on Russian crude to take part in such a ban.

“It is currently physically impossible for Hungary and its economy to function without Russian oil,” Foreign Minister Peter Szijjarto said on a visit to Kazakhstan on Tuesday.

“No one can expect us to allow the price of the war to be paid by Hungarians.” He said Hungary would not vote for any sanctions that make oil shipments from Russia impossible.

Slovakia’s Economy Minister Richard Sulik said he would seek an opt-out from any embargo because the country’s only refiner, Slovnaft, would need years to make the switch from Russian crude to another kind of oil.

European Council President Charles Michel speaks at an event concerning a floating gas storage unit in Alexandroupolis, Greece on Tuesday. Reuters
European Council President Charles Michel speaks at an event concerning a floating gas storage unit in Alexandroupolis, Greece on Tuesday. Reuters

Despite the potential roadblocks, European Council chief Charles Michel said on Tuesday he was “confident that the council will imminently impose further sanctions, notably on Russian oil”. Prices hovered above $100 a barrel as markets braced for a potential import ban.

Any deal on Russian oil would require the consent of all 27 EU members, meaning it could not pass without Hungary and Slovakia’s approval. The bloc agreed on an embargo on Russian coal in the fifth package last month, while it has not yet ventured into gas.

Ministers from other EU states have spoken of sympathising with oil-reliant neighbours but urged unity during the crisis. Hungary and its Russia-friendly leader Viktor Orban have irked Ukraine with an equivocal stance on the war.

As countries seek to find alternative suppliers, Mr Michel toured an import terminal for liquefied natural gas which is under construction in northern Greece and is aimed at weakening Russia’s grip on the energy market.

Supporters of an oil and gas purge say it would weaken Mr Putin’s ability to use energy as a tool of blackmail, after gas supplier Gazprom cut off supplies to Poland and Bulgaria last week.

Poland, one of the strongest supporters of an energy embargo, has proposed a system similar to carbon emissions trading in which countries that continue to buy Russian fossil fuels must pay a levy towards energy reforms.

Italian Prime Minister Mario Draghi, meanwhile, used a speech to the European Parliament on Tuesday to urge reforms which would eliminate the right of individual countries to veto such measures.

Although many matters before the European Council can be decided by a so-called qualified majority, sanctions are in the basket of issues that can be blocked by a single vote against.

This does not stop countries such as Hungary and Slovakia from negotiating special treatment. Spain and Portugal were given approval to intervene in their electricity markets at a European Council summit last month.

“The institutions set up by our predecessors in previous decades have served well European citizens, but are inadequate to the current reality we are now facing,” Mr Draghi said.

The EU is preparing for potential further disruptions by urging members to review their contingency plans and proposing a mandatory minimum level of gas storage before next winter.

Mr Putin threatened to create further chaos on Tuesday by signing a decree on tit-for-tat sanctions, banning trade with unfriendly parties on a list to be drawn in the next 10 days.

The decree prevents Russian companies from fulfilling obligations or concluding deals with the parties under sanction or exporting raw materials for their benefit, Russian news agency Tass said.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

UAE currency: the story behind the money in your pockets

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UAE-based players

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Moon Music

Artist: Coldplay

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Company profile

Name: Steppi

Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

Second round raised Dh720,000 from silent investors in June this year

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Dust and sand storms compared

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Dust storm

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- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

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Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

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What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

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Warn others to prevent further harm

Courtesy: Crystal Intelligence

Asia Cup Qualifier

Venue: Kuala Lumpur

Result: Winners play at Asia Cup in Dubai and Abu Dhabi in September

Fixtures:

Wed Aug 29: Malaysia v Hong Kong, Nepal v Oman, UAE v Singapore

Thu Aug 30: UAE v Nepal, Hong Kong v Singapore, Malaysia v Oman

Sat Sep 1: UAE v Hong Kong, Oman v Singapore, Malaysia v Nepal

Sun Sep 2: Hong Kong v Oman, Malaysia v UAE, Nepal v Singapore

Tue Sep 4: Malaysia v Singapore, UAE v Oman, Nepal v Hong Kong

Thu Sep 6: Final

 

Asia Cup

Venue: Dubai and Abu Dhabi

Schedule: Sep 15-28

Teams: Afghanistan, Bangladesh, India, Pakistan, Sri Lanka, plus the winner of the Qualifier

While you're here
What are the main cyber security threats?

Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.

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List of alleged parties

 May 15 2020: PM and Carrie attend 'work meeting' with at
least 17 staff members

May 20 2020: PM and Carrie attend 'bring your own booze'
party

Nov 27 2020: PM gives speech at leaving do for his staff

Dec 10 2020: Staff party held by then-education secretary
Gavin Williamson

Dec 13 2020: PM and Carrie throw a flat party

Dec 14 2020: London mayor candidate Shaun Bailey holds staff party at Conservative
Party headquarters

Dec 15 2020: PM takes part in a staff quiz

Dec 18 2020: Downing Street Christmas party

Updated: May 03, 2022, 3:03 PM`