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EU seeking information on Lukoil halt, turns down 3-day due date to action in

The European Commission is seeking more info on Hungary and Slovakia's request that it moderate a consultation treatment with Ukraine over interfered with oil flows from Russia, and has actually declined a threeday due date to respond to the nations' problem.

Hungary and Slovakia wrote to the Commission on Monday, asking Brussels to action in after Kyiv positioned Russian producer Lukoil on a sanctions list, stopping supplies to the two countries through a pipeline that crosses Ukraine.

Hungary's foreign minister Peter Szijjarto had said the European Commission had three days to react, after which the nations would take the concern to court.

The Commission is under no obligation to react to this demand within three days, a Commission representative informed on Wednesday.

At the moment, we are studying the contents of this letter, and gathering more details, the representative added. No. decision has been taken on any possible strategy.

EU nation diplomats talked about the issue in a closed-door. conference on Wednesday.

Because conference, the Commission said it would ask Hungary. and Slovakia to offer more info on their claims that by. stopping transit of Lukoil oil, Ukraine has actually breached its totally free. trade agreement with the EU, two EU nation diplomats familiar. with the closed-door talks informed .

After Moscow's intrusion of Ukraine in 2022, the European. Union, which utilized to buy up to a 3rd of its fuel from Russia,. enforced sanctions and stopped buying Russian oil.

However, it provided Hungary, Slovakia and the Czech Republic. exemptions from sanctions due to the fact that of their reliance on Russian. oil and minimal options.

The Commission spokesperson said the time out in Lukoil. deliveries had actually not impacted the security of oil supply to the. EU, and Slovakia and Hungary both keep 90 days of emergency situation. oil stocks in line with EU legislation.

(source: Reuters)