RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2023-02-01 12:10:00

VETO FOR RUSSIAN SANCTIONS

VETO FOR RUSSIAN SANCTIONS

N - 31 January 2023 - Hungary will veto any EU sanctions imposed on Russian nuclear energy organisations and enterprises, Hungarian Prime Minister Viktor Orban told the morning programme one Kossuth radio.

"Plans for new sanctions are being developed in Brussels, nuclear energy is on the agenda," he said, referring to preparation by the European Commission for a tenth sanctions package against Russia.

Orban stressed that he "expects a big fight on this issue, but the Hungarian government will veto" if the EU tries to impose restrictions on Russian nuclear power.

Orban confirmed that his government still favours reviewing the EU sanctions policy based on public opinion, as expressed during national consultations in October-December 2022. Polls at that time, in which 1.4 million people took part, showed that 97% of respondents were against the sanctions. "National consultations have clearly shown that the Hungarians do not want sanctions, because they will not help Ukraine, they will not bring Russia to its knees and will only cause terrible damage to Europe and Hungary," Orban stressed. He believes the results of the national consultations will be a significant help in his discussions with the leadership of the EU and other countries.

"Hungary's security comes first for us, and therefore Hungary is not at war with anyone," he said.

Russia's nuclear sector has so far avoided EU sanctions because Rosatom still supplies fuel to reactors in several member countries, including Finland and Bulgaria. Hungary's Paks NPP comprising four Soviet-built VVER-440 reactors supplies some 40% of Hungary's electricity. These reactors use fuel supplied by Rosatom’s TVEL and Rosatom is also constructing two new VVER-1200 reactors at Paks (Paks-II).

Hungary’s Minister of Foreign Affairs & Trade, Péter Szijjártó, in a recent telephone call with Russian Deputy Prime Minister for energy Alexander Novak, said they had agreed to accelerate work at the Paks expansion project. "We agreed that nuclear energy is the energy of the future, and the good news for us is that the Russian government also attaches great importance to the development of the Paks project. We agreed to accelerate investment wherever possible," Szijjártó said on his Facebook page.

“As a result of the current energy crisis, it has become clear that only those countries that can themselves produce most of the energy they need are safe,” he noted. “Therefore, the rapid construction of new nuclear power plants is of decisive importance for our country. For this reason, we, Of course, we will not support any proposal from Brussels that would make Hungarian-Russian cooperation in the nuclear field even a little more difficult or impossible."

Hungary already enjoys an exemption from the partial EU embargo on Russian oil and rejects calls for other sanctions on Russia’s energy industry, even indirect ones on areas such as construction, engineering or IT.

Szijjártó also told a press conference that Hungary was outraged by German opposition to Paks-II noting that "the European Commission is currently not hindering investments" in international projects in this area.

In this regard, the attempts of the Vice-Chancellor of the Federal Republic of Germany, Minister for Economic Affairs and Climate Protection Robert Habek, as well as German Foreign Minister Annalena Burbock from the Green Party to interfere with this project are perplexing, Szijjarto said. He explained that in France the authorities have given permission for their company to participate in Paks-II, nut the two ministers in the German government are still blocking the issuance of a licence to a German company. "This is outrageous and unacceptable," he added.

In October 2021, Rusatom - Automated Control Systems JSC (a subsidiary of Rosatom) and the Franco-German consortium Framatome SAS - Siemens AG signed an agreement in Moscow on the manufacture and commissioning of automated process control systems for two units at the Paks NPP. Earlier, within the framework of this project, a contract was signed for the manufacture of turbines by GE Hungary Kft, which is a Hungarian subsidiary of US General Electric. The exemption of nuclear energy from EU sanctions is, therefore, of particular importance for the Paks-II project.

-----


Earlier:

VETO FOR RUSSIAN SANCTIONS
2023, January, 20, 11:10:00
RUSSIAN NUCLEAR IS UNIQUE
“The Russian nuclear industry stands out as a rare – indeed unique – case of a high-technology sector that has not only recovered from the end of the Soviet era and the chaos that followed, but has developed an effective export strategy that has allowed it to prosper today as never before.”
VETO FOR RUSSIAN SANCTIONS
2023, January, 18, 11:55:00
RUSSIAN NUCLEAR FOR THE MOON
The researchers say that, regardless of the purpose and scenario of the mission, a reliable source of energy is needed for successful exploration of the Moon.
VETO FOR RUSSIAN SANCTIONS
2023, January, 13, 10:30:00
RUSSIAN NUCLEAR ICEBREAKERS
The two icebreakers, with a power capacity of 60 MWe each, are scheduled to be completed in 2028 and 2030.
VETO FOR RUSSIAN SANCTIONS
2022, December, 21, 12:05:00
ПОТОЛОК ДЛЯ РОССИЙСКОЙ НЕФТИ
Средняя стоимость нефти Brent в 2023 году может составить $100 долларов за баррель, а дисконт Urals, скорее всего, сохранится в среднем около $25 за баррель.
VETO FOR RUSSIAN SANCTIONS
2022, December, 5, 11:50:00
RUSSIAN OIL SANCTIONS ANEW
The Group of Seven clinched a last-minute deal to cap the price of Russian crude at $60 per barrel.
VETO FOR RUSSIAN SANCTIONS
2022, October, 19, 12:00:00
EUROPE, RUSSIA SANCTIONS ANEW
The bloc’s eighth round of sanctions state that if a tanker owner transports Russian crude above an agreed price threshold, their ship would be prohibited from getting EU services needed to ship the commodity, such as insurance, “in the future.”
VETO FOR RUSSIAN SANCTIONS
2022, October, 13, 13:10:00
САНКЦИИ - ЭТО УГРОЗА ГЛОБАЛЬНОМУ ЭНЕРГОРЫНКУ
Если взять страны, против которых введены санкции по поставкам нефти, – это Иран, Венесуэла, наша страна, – то суммарно они добывают более 20% от общего потребления всего мирового нефтяного рынка в сутки. О какой предсказуемости может идти речь, когда принимаются решения против стран, которые обеспечивали стабильность на энергетическом рынке?
All Publications »
Tags: RUSSIA, EUROPE, HUNGARY, NUCLEAR, SANCTIONS