All articles tagged with #druzhba pipeline
After Kyiv announced Druzhba deliveries to Hungary and Slovakia were restored, Ukrainian drones attacked a major Druzhba pumping facility near Nizhny Novgorod, igniting fires at the Gorky refinery and threatening to disrupt the pipeline's regained capacity; the extent of damage and casualties remained unclear as officials reported drone attrition and ongoing fires.
EU finalised a €90 billion loan package for Ukraine after Hungary lifted its veto, with the first tranche expected soon and disbursements planned for 2026–27, contingent on Kyiv's reforms and anti-corruption steps. The package includes 'Made in Europe' procurement rules for the military portion and does not include Hungary, Slovakia and the Czech Republic; the deal follows the Druzhba oil pipeline repair that helped unlock the accord.
The EU is signaling progress on Ukraine’s €90 billion loan, tied to Kyiv repairing the Druzhba pipeline so Hungary and Slovakia can keep receiving Russian oil, which is reportedly flowing to Slovakia; Russia says Kazakh oil bound for Germany via the same line will be halted, while Kyiv hits Russian oil facilities as fires rage in Tuapse and Moscow tightens domestic fuel controls amid ongoing drone strikes. Western allies are pressing for more support as diplomacy stalls and debates over sanctions relief continue, all amid broader regional tensions involving Iran.
EU preliminarily approves a $106 billion loan to Ukraine after Hungary drops its months-long veto; roughly two-thirds of the funds are to boost Ukraine's defense industry, signaling a closer EU-Ukraine security partnership, though formal EU approval remains and Hungary’s energy ties to Russia could still influence the relationship.
Russia says Kazakh crude sent to Germany via the Druzhba pipeline will be suspended from May 1 due to 'technical capacities', with volumes redirected to other routes. The halt could affect Berlin's fuel supply via the PCK Schwedt refinery, though regulators say Germany's mineral oil supply remains secure and Rosneft Deutschland will adapt. The move comes amid broader energy-market strains tied to geopolitical tensions in the region.
The EU is poised to approve a 90-billion-euro loan to Ukraine after the Druzhba pipeline resumed delivering Russian oil to Hungary and Slovakia, enabling Hungary to lift its veto. First shipments are expected within 24 hours, with formal approval by the 27-member bloc anticipated soon while a new round of sanctions on Russia is considered. The loan aims to keep Kyiv solvent through 2026–27, and Druzhba’s capacity stands at about 1.2–1.4 million barrels per day, potentially rising to 2 mbpd.
Russia will suspend Kazakh crude flow through the Druzhba pipeline to the PCK refinery in eastern Germany starting May 1, redirecting volumes via other routes. Rosneft Germany has informed regulators and Moscow confirmed the suspension. German officials say the impact on fuel supply should be limited as the refinery can operate with reduced Kazakh intake and has been replacing Russian crude; the move is linked to current technical capacities and comes amid broader disruption context involving Ukraine-related damage to Druzhba.
Ukraine says it completed repairs on the Druzhba oil pipeline damaged by a Russian strike and that transit is ready to restart on April 22, with initial shipments split between Hungary and Slovakia. Zelensky framed the restart as clearing obstacles to Kyiv’s roughly 90 billion euro EU loan, which Hungary had blocked over transit issues; EU officials signaled a positive loan decision could come soon as the pipeline resumes, a move that would ease energy supply reliance for Hungary and Slovakia that depend heavily on Druzhba’s southern leg.
Russian oil resumed flowing through Ukraine’s section of the Druzhba pipeline, allowing Hungary to lift its veto on a 90 billion euro EU loan to Kyiv; EU ambassadors approved the loan to help Kyiv stay funded through 2026–27, aided by Hungary’s post‑election shift and Slovakia’s prior objections over pipeline repairs.
The EU formally began a written procedure to unblock the €90 billion Ukraine loan and the new Russia sanctions, signaling an end to Hungary’s (and Slovakia’s) vetoes after the Druzhba pipeline was repaired. The 24-hour vote in Brussels could yield a final decision by Thursday, while Zelenskyy noted the Druzhba repairs allow oil flows to resume and urged EU deliverables on commitments.
Ukraine says it has completed repairs on the Druzhba pipeline damaged by Russian strikes, allowing oil to resume to Hungary and Slovakia and clearing the way for a €90 billion EU loan, with EU officials expecting a formal agreement soon and Kyiv continuing to press for stronger sanctions on Russia and diversified energy supplies.
Zelenskyy says the Druzhba oil pipeline has been repaired after a Russian strike and can resume operation, clearing a major obstacle to the EU’s €90 billion Ukraine loan and a new sanctions package that Hungary had blocked. If Orbán follows through on lifting his reservations as flows resume, disbursement could begin in 2026 (about €16.7B financial and €28.3B military aid), with Brussels relief and renewed momentum on sanctions amid ongoing debates among EU members.
Incoming Hungarian PM Péter Magyar says the Druzhba oil pipeline should be reopened if operable, urging Russia to supply oil and warning against European concessions; he also outlines EU fund renegotiation, reaffirmed Hungary’s intention to stay in the ICC, and touched on related moves such as inviting Netanyahu to Budapest.
Ukraine expects the Druzhba oil pipeline to resume this week, potentially clearing EU approval for a €90 billion Ukraine Support Loan, with technical conditions in place and EU ambassadors ready to vote if flows restart in time. The loan would cover 2026–2027, with funds possible from May after Commission checks; Hungary had blocked the loan, with Viktor Orbán saying he would lift opposition once Druzhba transit is restored after January’s Russian strike damaged the line.
EU ambassadors are set to approve a €90 billion loan to Ukraine on Wednesday, contingent on Hungary lifting its veto once Druzhba oil transit resumes; if approved, Kyiv could receive the funds in May after technical checks, easing Ukraine's war-damaged economy.