We will not allow this to happen, Hungary's prime minister wrote on his Facebook page in a post he uploaded from Brussels, where he is attending a two-day summit of leaders of EU member states.

„The Council now wants to choose a solution that would ban seaborne imports of Russian oil and grant exemption for crude delivered through pipelines. This is good. This is a good solution for Hungary,” PM Orban said in his video posted on social media.

„The second thing is that they are asking MOL and Hungary to make investments – pipeline construction, refinery reconstruction – that will cost a lot of money, but the product that will come out of these refineries will be more expensive than the current one. So they’re asking us to spend a lot of money on building pipelines and refineries, and the end result is that the Hungarian people end up with a much more expensive petrol,” PM Orban said, adding that

this proposal is crazy as it is. This is what I call a nuclear bomb. We will not allow this to happen.

So if anyone needs to provide a compensation here, it is not us, but the Commission, the Hungarian prime minister stressed.