Hungarian MOL cuts fuel supplies amid falling Russian imports

Hungarian oil and gas group MOL is temporarily cutting supplies as oil flows from Russia have fallen “substantially” below normal levels. MOL reported this to the Hungarian Telegraph Agency (MTI). The company is cutting supplies to retailers it is not required to supply by law, the changes have affected a tenth of Hungary’s gas stations.

MOL said Hungary’s oil imports have declined as supplies through the Druzhba pipeline are under low pressure. Maintenance at the main Danube refinery caused a reduction in capacity, affecting all products, resulting in Reuters excerpt from the company’s statement. MOL representatives have not yet answered the question of when the normal flow of oil can resume.

November 15 Ukrainian authorities notified the Russian company Transneft that the pumping of oil through the Druzhba pipeline in the direction of Hungary was suspended due to a voltage drop. November 16, Hungarian Foreign Minister Peter Szijjártó informedthat the pumping of oil through the Druzhba pipeline has been resumed.

Maria Fedotova