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    Home > Headlines > Ukraine gas transit row intensifies as Hungary threatens to block EU sanctions renewal
    Headlines

    Ukraine gas transit row intensifies as Hungary threatens to block EU sanctions renewal

    Published by Global Banking & Finance Review®

    Posted on January 31, 2025

    3 min read

    Last updated: January 26, 2026

    Hungarian Prime Minister Viktor Orban addresses the media regarding the escalating Ukraine gas transit dispute and threats to block EU sanctions renewal. This image highlights the geopolitical tensions affecting energy security in Europe.
    Hungarian Prime Minister Viktor Orban discusses Ukraine gas transit issues - Global Banking & Finance Review
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    Tags:financial marketsInternational tradeforeign investment

    Quick Summary

    Hungary threatens to veto EU sanctions renewal unless Russian gas flows via Ukraine resume. Slovakia also faces energy challenges due to halted transit.

    Ukraine Gas Transit Dispute Intensifies with Hungary's Threat

    BUDAPEST (Reuters) - A row over the end of Russian gas flows via Ukraine has intensified as Hungarian Prime Minister Viktor Orban threatened to block the next rollover of EU sanctions against Russia unless Brussels helps to achieve a restart of supply.

    Russian gas exports via Soviet-era pipelines running through Ukraine stopped on Jan. 1 after Ukraine declined to renew a transit agreement with Russia.

    Slovakia and Hungary have been pressing the EU to step in to get gas flows restored.

    Although Hungary's supply of Russian gas comes via the TurkStream pipeline through Turkey, not via Ukraine, Orban maintains that the Ukraine route is important to Hungary.

    Orban told state radio on Friday that Ukraine's move to halt Russian gas transit to Central Europe and the resulting rise in energy prices was "unacceptable".

    Orban also said that if gas flows did not restart, Hungary would veto the next rollover of the sanctions the European Union has imposed on Russia over the war, due in around six months.

    "Among other things, the Commission has promised to sort out the Ukrainians restarting Russian gas transit," Orban said. "If the Commission does not deliver on what we agreed on, then sanctions will be scrapped."

    The EU on Monday renewed the wide-ranging sanctions, after Hungary stopped holding up the move in return for a declaration on energy security.

    The Commission was not immediately available to comment on Orban's remarks.

    The Commission has said it will continue discussions with Ukraine on gas supplies to Europe, and involve Hungary and Slovakia. It has long maintained that Europe does not need the gas coming via Ukraine.

    Slovakian Prime Minister Robert Fico was due to meet with the European Commission on Thursday but technical issues prevented his plane landing.

    Slovakia has arranged alternative gas supply but Fico says it will have a problem refilling storage for next year's consumption, and is losing money in transit fees.

    Fico has also threatened to cut emergency electricity supplies to Ukraine, reduce aid for its refugees in Slovakia or use its veto on EU decisions relating to Ukraine.

    "If we see [Ukrainian President Volodymyr] Zelenskiy is deceiving us, I will take reciprocal action when it comes to the next [decision on] measures such as financial aid," Fico wrote on Facebook.

    Slovakia's foreign ministry said on Wednesday it had summoned Ukraine's ambassador to protest against comments by Ukraine's foreign ministry that Fico had been "poisoned by Russian propaganda".

    (Reporting by Krisztina Than and Anita Komuves; additional reporting by Jan Lopatka in Prague and Kate Abnett in Brussels; writing by Nina Chestney; editing by Jason Neely and Kevin Liffey)

    Key Takeaways

    • •Hungary threatens to block EU sanctions renewal over gas transit issues.
    • •Ukraine stopped Russian gas flows via its territory on Jan. 1.
    • •Hungary and Slovakia urge EU intervention to restore gas supply.
    • •Orban insists Ukraine route is crucial despite alternative pipelines.
    • •Slovakia faces challenges in gas storage and transit fee losses.

    Frequently Asked Questions about Ukraine gas transit row intensifies as Hungary threatens to block EU sanctions renewal

    1What is the main topic?

    The article discusses Hungary's threat to block EU sanctions renewal due to halted Russian gas transit via Ukraine.

    2Why is Hungary concerned about gas transit?

    Hungary relies on Russian gas and sees the Ukraine route as important despite having alternative pipelines.

    3How is Slovakia affected by the gas transit issue?

    Slovakia struggles with gas storage and transit fee losses, and considers reducing aid to Ukraine.

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