How long will the fuel shortage last? Here is the answer

Smaller petrol stations are having difficulties and could run out of fuel within days. According to Eszter Bujdos, the managing director of holtankoljak.hu, the situation might last until November.

Smaller petrol stations could run out of fuel within days 

“The number of small petrol stations that run out of 95 or diesel in the second half of the week may reach a hundred.” – said Gábor Egri, president of the Association of Independent Petrol Stations to Népszava. Gábor Egri also outlined in the interview that the fuel shortage in Hungary could last for another 2-3 weeks. He also warned that without the removal of the HUF 480 price cap on basic fuels, fuel importers will not return to the Hungarian market. -reports Portfolio. According to him, by the autumn period, there may be such a significant price drop on the fuel market that we can remove the HUF 480 price cap.

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What about MOL?

Regarding MOL, Gábor Egri believes that the company does not necessarily want to give up cheap Russian oil. However, a potential damage to the Friendship Pipeline supplying the Mol refineries is a huge supply security risk. Mol’s refineries in Rijeka, Száhahalombatta and Bratislava would be fully supplied with crude oil transported by sea via the Adriatic pipeline. “We need to get rid of coal, oil, natural gas and uranium as soon as possible.” – added Gábor Egri.

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How long does the fuel shortage last?

Fuel shortage might last until November, said Eszter Bujdos, the managing director of holtankoljak.hu to Blikk. Small petrol stations receive a reduced amount when they need fuel. They receive 50 percent of diesel, while only 35 percent of gasoline. The summer period was critical, especially August. September is also usually a strong month for diesel, due to the still booming agriculture. Maintenance work at Mol is expected to end in October, at which time refining can also start again at OMV. However, Hungarians should not expect to get fuel at smaller petrol stations before November. Eszter Bujdos also added that the whole of Europe has been suffering from a fuel shortage. We are now feeling the impact of European countries breaking with the Russians and switching to alternative sources.

Source: népszava.hu, portfolio.hu, blikk.hu