. Hungary has obtained a complete exemption from US sanctions preventing oil and gas supplies from Russia, Hungarian Prime Minister Viktor Orban said following talks with US President Donald Trump in the White House.
"Hungary will be completely free from sanctions with regard to gas supplies over TurkStream and oil over the Druzhba pipeline," the head of government said at a press conference for Hungarian journalists aired by the M1 TV channel.
He noted that, thank to this, "Hungary will keep the lowest prices on energy products in Europe."
The United States has granted Hungary a one-year exemption from US sanctions for using Russian oil and gas, Reuters reported, citing a White House official.
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The United States has granted Hungary a one-year exemption from US sanctions for using Russian oil and gas, a White House official has said, after Hungarian Prime Minister Viktor Orbán pressed his case for a reprieve during a meeting with President Donald Trump in Washington.
ReplyDeleteLast month, Mr Trump imposed Ukraine-related sanctions on Russian oil companies Lukoil and Rosneft that carried the threat of further sanctions on entities in countries that buy oil from those firms.
The White House official noted that, in addition to the sanctions exemption, Hungary had committed to buying US liquefied natural gas with contracts valued at some $600 million (€518m).
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