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Zelenskyy Confirms Repair of Druzhba Pipeline, Loan and Sanctions Await Hungary's Decision

Ukrainian President Zelenskyy has announced that the Druzhba oil pipeline has been repaired and is ready to resume operation, which could influence a significant loan and sanctions against Russia, pending Hungary's veto.

Editorial Staff
1 min read
Updated 17 days ago
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Ukrainian President Volodymyr Zelenskyy has confirmed that the Druzhba oil pipeline has been repaired and is prepared to resume operations. This development is seen as a crucial step for Ukraine.

The repair of the pipeline is linked to the potential adoption of a €90 billion loan for Ukraine, which is currently under consideration. However, this financial support is contingent upon Hungary's approval.

Additionally, the resumption of the pipeline's operations may also impact a new round of sanctions against Russia, which are likewise awaiting Hungary's decision. The situation remains fluid as negotiations continue.