RT.com
07 May 2025, 21:08 GMT+10
The European Commission has announced plans to eliminate the purchase of gas, nuclear fuel, and oil from Russia by the end of 2027
The European Commission's plan to completely phase out Russian fuel imports violates the sovereignty of EU member states by depriving them of the right to choose their energy sources, according to Hungarian Foreign Minister Peter Szijjarto.
Brussels has outlined plans to end the bloc's energy reliance on Moscow by completely eliminating imports of oil, gas, and nuclear fuel in the coming years.
Hungary obtains over 80% of its gas from Russia via pipeline, with LNG playing a supplementary role. Budapest has continued to strengthen its energy ties with Moscow despite the sanctions introduced by the EU in the wake of the Ukraine conflict.
"The forced, artificially ideological-based exclusion of natural gas, crude oil, and nuclear fuel originating from Russia will lead to severe price increases in Europe, seriously harming the sovereignty of European countries, and cause major difficulties for European companies," Szijjarto said in a video he shared on his Facebook page on Tuesday, adding that "what was announced is absolute insanity."
"Everyone in Brussels has lost their common sense," the foreign minister exclaimed, emphasizing that Budapest would not allow the European Commission (EC) to violate Hungary's sovereignty and would "uphold the right to source energy from where it reliably arrives and where it arrives at a low cost."
Earlier in the day, the EC published a "roadmap" outlining its ambitious strategy to end reliance on Russian energy by the end of 2027. The bloc's executive branch said it would propose legislation in June requiring all member states to draft "national plans" to terminate their imports of Russian gas, nuclear fuel, and oil.
Slovakia's Prime Minister Robert Fico also criticized the plan, calling the proposal "economic suicide." He added that Slovakia would push for changes in the legislative process.
Brussels announced its intention to wean EU members off Russian energy shortly after the escalation of the Ukraine conflict in February 2022. Supplies of US liquefied natural gas (LNG) have since replaced much of the cheaper pipeline gas previously delivered by Russia.
Although Russian pipeline gas supplies to the EU have plummeted, the bloc has been increasing its imports of LNG from the sanction-hit nation. Last year, Russia still accounted for around 19% of the EU's total gas and LNG supply, according to the EC.
Get a daily dose of St Petersburg Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to St Petersburg Star.
More InformationBRUSSELS, Belgium: Tesla's sales in Europe nosedived in April, with sharp drops across multiple countries, including an 81 percent...
The European Commission has announced plans to eliminate the purchase of gas, nuclear fuel, and oil from Russia by the end of 2027...
Moscows forces have fended off hundreds of drones and more than a dozen missiles and bombs, the Defense Ministry has said Russian...
Boris Pistorius reportedly wants 60 billion allocated for the armed forces this year German Defense Minister Boris Pistorius is seeking...
Internet access on mobile devices has been limited as security is being ramped up due to Ukrainian threats ...
New Delhi has claimed it was targeting terrorist sites in an overnight raid Pakistan has accused India of killing civilians in a...
GAZA STRIP - From Tuesday night to dawn on Wednesday, Israel Air Force pilots were responsible for the ending of at least forty-nine...
BRUSSELS, Belgium: Tesla's sales in Europe nosedived in April, with sharp drops across multiple countries, including an 81 percent...
AUSTIN, Texas: Over the weekend, Texas Governor Greg Abbott signed a new law that will let more than five million students use state...
WASHINGTON, D.C.: The U.S. Transportation Department says it is working to fix a significant shortage of air traffic controllers by...
WASHINGTON, D.C.: The U.S. Department of Defense wants to change its contracts so the Army can fix its own weapons instead of always...
MEXICO CITY, Mexico: Mexico is laying the groundwork to reduce its standard work week from 48 to 40 hours by 2030, Labor and Social...