Hungary to release strategic fuel reserves for domestic consumption

Similarly to Austria, Hungary will make a part of its strategic fuel reserves available for domestic consumption, the minister of technology and industry said late on Saturday.

László Palkovics said the move would secure Hungary’s fuel supply should the oil refinery at Schwechat stay shut down longer than expected, according to a statement from his ministry.

The statement said the released amounts of petrol and diesel would be replaced by Austria’s OMV as soon as possible, adding that despite problems with the Austrian refinery Hungary’s supplies were secure.

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Source: MTI