Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    Global Banking & Finance Review® is a global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure. Global Banking & Finance Review® operates a Digital-First Banking Awards Program and framework — an industry-first digital only recognition model built for the modern financial era, delivering continuous, transparent, and data-driven evaluation of institutional performance.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Repairs to Druzhba pipeline 'not that fast', Zelenskiy says
    Finance

    Repairs to Druzhba pipeline 'not that fast', Zelenskiy says

    Published by Global Banking & Finance Review®

    Posted on February 25, 2026

    3 min read

    Last updated: February 25, 2026

    Repairs to Druzhba pipeline 'not that fast', Zelenskiy says - Finance news and analysis from Global Banking & Finance Review
    Tags:European Union

    Quick Summary

    Zelenskiy says Druzhba pipeline repairs will be slow after strikes halted oil flows to Hungary and Slovakia on Jan. 27. EU urges speed, while Hungary blames Kyiv; Ukraine cites ongoing attacks on energy sites.

    Table of Contents

    • EU Pressure and Regional Energy Dispute
    • Oil Flows Halted Since January 27
    • EU Requests and Kyiv's Response
    • Hungary's Accusations and Politics
    • Attacks on Ukraine’s Energy Infrastructure
    • Emergency Electricity Exports Threatened
    • Proposals for an Energy Truce
    • Naftogaz Facilities Under Drone Attack

    Zelenskiy: Druzhba Pipeline Repairs Will Take Time Despite EU Pressure

    By Pavel Polityuk and Olena Harmash

    EU Pressure and Regional Energy Dispute

    KYIV, Feb 25 (Reuters) - Repairs to the Druzhba pipeline, which carries Russian oil to Eastern Europe, cannot be completed quickly despite requests from the European Union and protests by Hungary, Ukraine's President Volodymyr Zelenskiy said on Wednesday.

    Oil Flows Halted Since January 27

    Shipments of Russian oil to Hungary and Slovakia have been cut off since January 27, when Kyiv says a Russian strike hit pipeline equipment in western Ukraine. Slovakia and Hungary say Ukraine is to blame for the prolonged outage.

    "Firstly, it's not that fast," Zelenskiy told reporters, adding that Russian strikes had destroyed the pipeline linking the Black Sea port of Odesa with Druzhba. "This is not their first strike, and they continue to hit the energy sector."

    EU Requests and Kyiv's Response

    European Commission President Ursula von der Leyen said during a visit to Kyiv on Tuesday to mark the fourth anniversary of the start of the war between Russia and Ukraine that the EU was asking Ukraine to speed up repairs.

    "They advise us to repair it, but they know that there have already been attacks on Druzhba," Zelenskiy said. "Our people were injured so that it would work."

    ORBAN'S ACCUSATIONS

    Despite the war, Ukraine has continued to transport Russian oil through the pipelines across its territory, though it halted the transit of Russian gas at the start of last year.

    Hungary's Accusations and Politics

    Hungary accused Kyiv of deliberately delaying the restart of the pipeline, the main route for delivering Russian oil to Hungary and Slovakia since the 1960s.

    Hungarian Prime Minister Viktor Orban said on Wednesday the suspension was purely political and that Ukraine was "preparing further actions".

    "The Ukrainian government is putting pressure on Hungary and Slovakia with an oil blockade," he said. Ukraine did not immediately respond to his comments.

    Orban has long been at loggerheads with the EU over Ukraine, among many other issues. Defying Brussels, he has maintained cordial ties with Moscow, refuses to send weapons to Ukraine, and says Kyiv should never join the 27-nation bloc.

    ATTACKS ON NAFTOGAZ

    Attacks on Ukraine’s Energy Infrastructure

    Russia has sharply intensified its attacks on Ukrainian power plants and the gas sector in recent months, causing acute power shortages, depriving it of almost half its gas production capacity, and forcing it to increase imports from Europe.

    Emergency Electricity Exports Threatened

    Some of that comes from Hungary and Slovakia, which have threatened to halt emergency electricity exports to Ukraine because of the Druzhba dispute.

    Proposals for an Energy Truce

    At the request of U.S. President Donald Trump, Russia agreed to a short-term pause in attacks earlier this month.

    "Hungarians should appeal to the Russians to grant an energy truce," Zelenskiy said.

    Kyiv has repeatedly attacked Russian oil facilities, including the section of the Druzhba pipeline running through Russian territory, but has also proposed an energy truce to Moscow.

    Naftogaz Facilities Under Drone Attack

    On Wednesday, Ukraine's national oil and gas company Naftogaz said 60 Russian drones had attacked its facilities in the north and east of the country.

    "For two days, strikes on gas storage facilities and production facilities in the Kharkiv and Chernihiv regions have continued unabated," Naftogaz said in a statement.

    (Reporting by Olena Harmash; additional reporting by Anita Komuves in Budapest; Editing by Daniel Flynn, Aidan Lewis)

    Key Takeaways

    • •Zelenskiy said repairs to the Druzhba pipeline cannot be completed quickly amid ongoing strikes.
    • •Oil shipments to Hungary and Slovakia have been halted since Jan. 27 after a reported strike.
    • •EU leaders urged faster repairs during visits to Kyiv, adding political pressure.
    • •Hungary accuses Ukraine of deliberately delaying the restart; Kyiv rejects the claim.
    • •Naftogaz reported repeated drone attacks on gas storage and production facilities.

    Frequently Asked Questions about Repairs to Druzhba pipeline 'not that fast', Zelenskiy says

    1What is the main topic?

    Ukraine’s president says repairs to the Druzhba oil pipeline will take time after strikes halted flows to Hungary and Slovakia, sparking EU concern and political disputes.

    2Why are oil shipments to Hungary and Slovakia disrupted?

    Shipments stopped on Jan. 27 after a strike damaged equipment in western Ukraine. Kyiv cites ongoing attacks hindering repairs, while Budapest and Bratislava blame Ukraine for delays.

    3How is the EU involved?

    EU leaders visiting Kyiv urged faster repairs to the Druzhba link amid regional energy risks, heightening pressure as Ukraine balances safety and ongoing infrastructure attacks.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Finance PostGovernment spending lifts global debt to a record $348 trillion in 2025, says IIF
    Next Finance PostIreland eyes closer cooperation with NATO neighbours to handle maritime threats
    More from Finance

    Explore more articles in the Finance category

    Image for UK granted permission to appeal ruling that Palestine Action ban was unlawful
    UK granted permission to appeal ruling that Palestine Action ban was unlawful
    Image for IMF board to review $8.1 billion loan for Ukraine on Thursday, sources say
    IMF board to review $8.1 billion loan for Ukraine on Thursday, sources say
    Image for Iceland to hold EU referendum "over the coming months", PM says
    Iceland to hold EU referendum "over the coming months", PM says
    Image for Proposed defence bank head refuses to be drawn on NATO members' support
    Proposed defence bank head refuses to be drawn on NATO members' support
    Image for Tyremaker Pirelli sees slight revenue growth this year as governance row persists
    Tyremaker Pirelli sees slight revenue growth this year as governance row persists
    Image for Worldline disposal programme nearly complete, it says after hitting annual results targets
    Worldline disposal programme nearly complete, it says after hitting annual results targets
    Image for MET Group and Shell sign MOU for US LNG supply to Europe
    MET Group and Shell sign MOU for US LNG supply to Europe
    Image for Some roundup plaintiffs seek to delay preliminary approval of proposed $7.25 billion bayer settlement, court filing shows
    Some roundup plaintiffs seek to delay preliminary approval of proposed $7.25 billion bayer settlement, court filing shows
    Image for Factbox-Companies cutting jobs as investments shift toward AI
    Factbox-Companies cutting jobs as investments shift toward AI
    Image for Five‑star hotels lead price increases in Milan during Olympics
    Five‑star hotels lead price increases in Milan during Olympics
    Image for Naturgy warns $13 billion in Russian LNG purchase commitments may be hit by EU ban
    Naturgy warns $13 billion in Russian LNG purchase commitments may be hit by EU ban
    Image for ECB approves Vujcic as new vice-president
    ECB approves Vujcic as new vice-president
    View All Finance Posts