Ukrainian President Volodymyr Zelenskyy has repeatedly demanded that the EU target Russia's lucrative energy sector and deprive Moscow of billions of dollars each day in supply payments.
A sixth package was announced on May 4, but the hold up over oil is embarrassing the bloc. Ahead of the summit, officials suggested that a solution might be found by targeting oil transported by ships and holding fire on the pipeline oil so valuable to Hungary.
"If we target the oil arriving by sea, we'll hit at least two thirds of exports, perhaps more," a senior EU official said. He declined to be named given the sensitive nature of the negotiations. Hungary and Slovakia depend on Russian oil they receive through the Soviet-era Druzhba pipeline. A worker prepares to receive liquid additive for petroleum refining from a tanker train at the Duna Refinery of Hungarian MOL Company, near the town of Szazhalombatta south of Budapest, May 5, 2022, as the Duna Refinery continues to receive Russian crude oil through the Druzhba pipeline.
The two-day meeting in Brussels will also focus on continued EU financial support to Ukraine — probably the endorsement of a 9 billion-euro tranche of assistance — and on military help and war crimes investigations.
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