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Hungary says it will help Serbia with oil supplies

2025-11-26 13:45:00, Kosova & Bota CNA

Hungary says it will help Serbia with oil supplies

Hungarian Foreign Minister Peter Szijjarto will be in Belgrade on Wednesday to discuss details of how Hungary will help Serbia after crude oil shipments from Croatia were interrupted.

Serbian President Aleksandar Vucic said on Tuesday that the Russian-owned Night Industry of Serbia (NIS) oil refinery will be closed for four days if the United States does not lift sanctions on the company, jeopardizing fuel supplies before winter.

The US, which has implemented a series of measures against entities linked to Russia over the war in Ukraine, imposed sanctions on the refinery last month, prompting neighbouring Croatia to cut off crude oil supplies.

" Serbia is in a difficult situation. We Hungarians, of course, will help Serbia, the Serbian people and the Serbian economy, and today in Belgrade we will discuss the details of this assistance ," Szijjarto said in a video posted on Facebook on November 26.

In October, Szijjarto stated that Hungarian oil company MOL would increase supplies to Serbia, but did not provide any details on the quantity of supplies or the mode of transportation.

Meanwhile, an oil pipeline connecting Hungary and Serbia is in the planning phase and could start operating to meet all of Serbia's crude oil needs by 2028, Szijjarto said in April.

The pipeline is expected to have the capacity to transport 4 to 5 million tons of Russian oil to Serbia via Hungary each year, the foreign minister said at the time.

Relations between Serbia and Hungary have strengthened in recent years, and Hungarian Prime Minister Viktor Orban and Serbian President Aleksandar Vucic have good relations with Russia./ REL





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