The Druzhba pipeline which can transport up to 1.2 to 1.4 million barrels of oil a day has started pumping again, allowing Hungary to lift its veto on an EU loan to Ukraine.
Ugh, on the one hand €90 billion is good but the pipeline pumps euros into Russia as well so it’s hard to tell if it’s a net positive or not.
consultantdetective on
Druzhba’s got a capacity of 1.3M barrels/day. Price is what, 80€/barrel currently? That’s 104M euro/day going thru there to “Kazakhstan”
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The Druzhba pipeline which can transport up to 1.2 to 1.4 million barrels of oil a day has started pumping again, allowing Hungary to lift its veto on an EU loan to Ukraine.
Ugh, on the one hand €90 billion is good but the pipeline pumps euros into Russia as well so it’s hard to tell if it’s a net positive or not.
Druzhba’s got a capacity of 1.3M barrels/day. Price is what, 80€/barrel currently? That’s 104M euro/day going thru there to “Kazakhstan”