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The MOL Group has approached the Hungarian Ministry of Energy to release strategic oil reserves after no oil has been delivered through the Druzhba pipeline since 27 January 2026. With these measures, the group is ensuring that the region's security of supply is maintained.
No crude oil has been delivered to Hungary and Slovakia via the Druzhba pipeline since 27 January 2026. To make up for the shortfall, MOL has started supplying its refineries with seaborne crude oil. Due to the longer transit times involved in maritime transport, this supply route is being established gradually: the first shipments are expected to arrive at the port of Omišalj in Croatia in early March, from where it will take a further 5-12 days for the crude oil to reach the MOL Group's refineries.
If shipments from the east do not resume in the coming days, Hungary may need to release approximately 250,000 tons of strategic crude oil reserves in the first round. To this end, MOL has approached the Hungarian Ministry of Energy, initiating the release of strategic crude oil reserves. In Slovakia, close contact is also being maintained with the Slovak government to ensure that the country can respond quickly to the situation. In both countries, in accordance with European Union regulations, there are sufficient crude oil reserves for approximately 90 days.
The current situation does not threaten fuel supplies: the market is being served without disruption, and MOL continues to operate within the framework of normal business. The company is continuously monitoring developments and will provide information on any significant developments.
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
