The Economic Times

Druzhba pipeline is set to restart oil flows to Europe, potentially unblocking EU's Ukraine loan

Hungary as a European Union member state has the power to block the loan even though it is not contributing to it. It will cover two thirds of Ukraine's financing needs in 2026 and 2027 as it seeks to fend off Russia's invasion. The capacity of Druzhba, which in Russian means friendship, is 1.2 million to 1.4 million barrels a day, with the possibility to increase up to 2 million barrels a day. However, flows fell to a small fraction of that as a result of Western sanctions as well as repeated disruptions from drone attacks.