Slovenia Doesn’t Support Oil Sanctions Against Russia

by Olha Povalaieva
Thursday, December 22, 2022
Slovenia Doesn’t Support Oil Sanctions Against Russia

By exporting Russian oil, the state plans to help mitigate the energy shortage in Ukraine

On December 21, Reuters reported useful exceptions to the sanctions for Ukraine. On February 5, the embargo on the export of petroleum products from Russia comes into force. Slovenia receives almost the entire volume of energy from oil through the Druzhba pipeline, which passes through the territory of Ukraine. The country's main refinery, Slovnaft, processes about 124.000 barrels daily and delivers them to the European market. Earlier, the refinery started experimenting with different blends to limit the import of Russian oil products. Now, the Ministry of energy of Slovenia and Slovnaft (which is part of the Hungarian MOLB.BU) have decided to return to the consumption of Russian energy carriers partially and thus stabilize the production capabilities of the plant and, at the same time, help Ukraine. Therefore, Slovakia has achieved exclusion from participation in the application of sanctions related to the embargo on Russian oil: the country will continue to export Russian oil to Ukraine and help our country cope with the energy catastrophe. Motives and results are ambiguous.

You will be interested