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EU Loan Secured as Ukraine Agrees to Resume Russian Oil Transit via Druzhba Pipeline

Україна відновила експорт російської нафти через трубопровід Дружба, що стало важливим кроком для отримання кредиту від ЄС.

Russian Oil Shipments to Resume via Druzhba Pipeline

Ukraine will restart the transit of Russian oil through the Druzhba pipeline on April 22, with operations expected to commence in the afternoon. This move follows the completion of repairs to a section of the pipeline damaged by a Russian strike. The decision highlights Ukraine's difficult balancing act between securing vital Western financial aid and managing the risks of facilitating Russian energy exports during the ongoing war. As the head of state noted,

"While no one can currently guarantee that Russian strikes on the pipeline infrastructure will not be repeated, our specialists have established the basic conditions for resuming the operation of the pipeline system and its equipment."

Resuming the oil transit is a critical step for Ukraine, as the country seeks to obtain a 90 billion euro loan from the European Union. Hungarian Prime Minister Viktor Orbán has announced his readiness to lift his veto on this loan, with Budapest's primary condition being the restoration of oil transit across Ukrainian territory via the Druzhba pipeline.

Initial Transit Requests Filed

The first request for transit has been submitted by the Hungarian oil company MOL. As a Reuters source reported,

"The start of oil pumping is scheduled for tomorrow around midday."
MOL has already requested initial volumes, which will be allocated in equal proportions between Hungary and Slovakia. Ukraine has also received a request from the EU to resume transit via the Druzhba pipeline, underscoring the decision's importance for regional economic cooperation.

The resumption of oil transportation via the Druzhba pipeline could have significant economic implications for Ukraine, particularly in the context of receiving EU financial assistance. It also opens new avenues for cooperation with neighboring countries like Hungary and Slovakia, which could strengthen energy security in the region. Amid the ongoing conflict with Russia, this decision demonstrates Ukraine's commitment to maintaining stability in energy supplies, despite the persistent risks.

The resumption of oil transit not only facilitates immediate logistical operations but also plays a crucial role in Ukraine's negotiations for financial support from the EU. To understand the broader implications of this development, including how it may influence the terms of the anticipated loan, read more about the recent advancements in EU funding for Ukraine here.