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Hungary wants Ukraine gas transit to resume as EU sanctions rollover looms

Published by Global Banking & Finance Review

Posted on January 24, 2025

2 min read

· Last updated: January 27, 2026

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Hungary's Prime Minister Viktor Orban discusses Ukraine gas transit - Global Banking & Finance Review
Prime Minister Viktor Orban of Hungary calls for the European Union to facilitate the resumption of gas transit from Ukraine, highlighting the financial impact of sanctions on Hungary's economy. This image reflects Hungary's strategic position in the ongoing energy debate within the EU.
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BUDAPEST (Reuters) - Hungary wants the European Union to persuade Ukraine to resume gas transit from Russia to Europe, Prime Minister Viktor Orban said on Friday, signalling a tough debate as the EU

Hungary Pushes EU for Ukraine Gas Transit Resumption

BUDAPEST (Reuters) - Hungary wants the European Union to persuade Ukraine to resume gas transit from Russia to Europe, Prime Minister Viktor Orban said on Friday, signalling a tough debate as the EU seeks to extend its sanctions against Russia over the coming week.

Hungary has not yet decided whether to support the sanctions rollover due at the end of this month. The EU renews sanctions every six months and requires unanimity among its 27 member countries to do so.

Orban, whose government has maintained closer economic and political relations with Moscow than other EU countries, reiterated his criticism of the sanctions on Friday, saying they caused 19 billion euros ($19.9 billion) of financial damage to Hungary. He did not say how this number was calculated.

"Now the issue of the rollover of the sanctions is on the agenda and I have pulled the brakes and asked EU leaders to understand this cannot continue," Orban told state radio.

"This is not good that we pay the price of helping Ukraine ... and they cause us problems," he said, referring to a recent move by Ukraine to halt Russian gas flows to Europe on the Druzhba pipeline.

"We ask them to convince Ukraine to resume the gas transit," Orban said, adding Budapest also wanted guarantees that Ukraine would not halt Russian crude imports.

EU foreign ministers will meet on Monday to decide on the sanctions rollover and Hungary's foreign minister has flagged a big debate, saying Hungary would also consult its U.S. partners in the coming days.

In December 2023, Orban held up EU aid to Ukraine for weeks.

While western Europe countries have made progress in weaning themselves off Russian energy, landlocked Hungary gets some 80% of its gas and most of its crude from Russia. Russian gas to Hungary comes through the Turkstream pipeline via Serbia and the country did not import any gas via Ukraine last year.

The EU has suspended billions of euros of funds for Budapest over concerns Orban has damaged democratic checks-and-balances.

($1 = 0.9560 euros)

(Reporting by Krisztina Than and Anita Komuves. Editing by Ros Russell and Mark Potter)

Key Takeaways

  • Hungary urges EU to persuade Ukraine to resume gas transit.
  • EU sanctions on Russia face debate as renewal looms.
  • Orban criticizes sanctions, citing financial damage to Hungary.
  • Hungary relies heavily on Russian gas and crude imports.
  • EU foreign ministers to discuss sanctions rollover soon.

Frequently Asked Questions

What is the main topic?
The article discusses Hungary's request for the EU to persuade Ukraine to resume gas transit from Russia amid upcoming sanctions renewal.
Why is Hungary concerned about EU sanctions?
Hungary claims EU sanctions on Russia have caused significant financial damage and seeks to protect its energy imports.
How does Hungary receive Russian gas?
Hungary receives Russian gas primarily through the Turkstream pipeline via Serbia, not through Ukraine.

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