Oil

Peter Szijjarto said that the European Union could not offer solutions that could keep the Hungarian economy from collapsing in the event of an embargo on Russian oil.

Germany in the future will "completely and forever" refuse to supply energy from Russia, said German Foreign Minister Annalena Berbock during her visit to Kyiv.

The German gas company VNG sees no problems with paying for gas supplies from Russia under the new scheme in rubles. It is reported by Reuters.

European Commissioner for Economic Affairs Paolo Gentiloni said that an embargo on Russian oil could be imposed within nine months.

These states are invited to abandon energy resources by 2024.

Viktor Orban stressed that the leadership of the European Union does not take into account the fact that the EU member states are in different conditions.

The permanent representatives of the countries - members of the European Union could not come to an agreement on the rejection of Russian oil, Reuters writes.

Asia in five to seven years may become the main export market for Gazprom, Dmitry Skryabin, portfolio manager at Alfa Capital, told RIA Novosti.

Deliveries of liquefied natural gas (LNG) from terminals to the European gas transmission system in April 2022 set a record for this month.

The European Commission may allow Hungary and Slovakia not to impose a ban on oil imports from Russia as part of the next EU sanctions.

The Hungarian authorities will veto any EU initiative related to limiting the import of Russian energy resources, said the head of the office of the Prime Minister of Hungary, Gergely Guiyash.

EU countries intend to stop importing Russian coal in the summer, and to give up Russian oil by the end of the year, German Chancellor Olaf Scholz said.

The Danish energy company Ørsted will not pay for Russian gas in rubles. This was stated by the CEO of the company Mads Nipper.

In Russia, oil production in the first 26 days of April decreased by 8.7% compared to March figures to 1.37 million tons due to anti-Russian sanctions.

The head of the European Commission, Ursula von der Leyen, called Gazprom's statement about the suspension of gas supplies blackmail.