Hungarian MOL reaches agreements securing Druzhba crude deliveries
Hungarian oil and gas company MOL on Monday announced that it concluded agreements to secure the continuous transport of crude through the Druzhba pipeline through Belarus and Ukraine to Hungary and Slovakia.
Securing crude through the Druzhba pipeline
Under the agreements with crude suppliers and pipeline operators, MOL Group will take over ownership of the affected volumes of crude at the Belarus-Ukraine border, effective September 9.
The updated transportation agreements and the new takeover arrangements fully comply with all relevant sanctions and provisions, including those of the European Union and Ukraine, MOL said.
Gabriel Szabó, MOL Group‘s downstream VP, said the new arrangement provided a “sustainable solution” for crude transport through the Druzhba pipeline and would contribute to the security of supply in Hungary and Slovakia.
Read also:
please make a donation here
Hot news
Top Hungary news: flood, free motorway, Airbnb, Vienna trains, transport changes – 18 September, 2024
Uzbekistan celebrates National Day with a gala reception in Budapest
Hungarian minister explained the controversial National Card Programme in Strasbourg
New oil pipeline to connect Serbia with Százhalombatta
Will Airbnb ban in Budapest district spread? Here are the mayors’ replies
EC taking away hundreds of millions of euros from Hungary for EU’s “migration fine”
1 Comment
The Real Person!
Author Michael Steiner acts as a real person and passed all tests against spambots. Anti-Spam by CleanTalk.
Oh no, we secured a significant part of our energy supply. How terrible. OrBAn BaD!
Good news but, really, we need to take decisive steps toward achieving energy independence insofar as possible. Drill, frack, nuclear, hydro… – oh, and the finger to the greenies.