Hungary gets the same amount of oil, but in a different package - Naftogaz chief

Portfolio
The Lukoil dispute continues to make international waves, with the head of Ukraine's Naftogaz expressing his views on the matter.
ukrán gázvezetékek

Oleksiy Chernyshov, Chairman of the Board of Directors of Naftogaz, Ukraine's state-owned national oil and gas company, said in an interview that oil shipments to Hungary, Slovakia and the Czech Republic remained at the same level as in previous months, despite Ukraine's sanctions against Russia's Lukoil.

They received the same volume of oil, but the structure of its owners may differ,

he added.

This may have been a reference to what Portfolio reported earlier, that the transit of oil owned by Lukoil and its trading company Litasco was blocked by the Ukrainians, while that of other traders was not:

Referring to this, and reacting to the Hungarian and Slovakian political leadership sounding the alarm about a possible fuel shortage, the chairman also noted that

the situation around Lukoil and the issue of transit is somewhat over-politicised.

Cover photo: Vincent Mundy/Bloomberg via Getty Images

 

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