Hungarian energy company MOL secures Russian crude oil supply via Druzhba pipeline through Ukraine, replacing Lukoil.

Hungarian energy company MOL has secured a deal to continue Russian crude oil supplies via the Druzhba pipeline through Ukraine, following Ukraine's ban on Lukoil. Starting September 9, MOL will take over oil supplies at the Belarus-Ukraine border. The arrangement is designed to comply with EU sanctions and aims to ensure stable energy supplies to Hungary and Slovakia, which have adjusted their imports in response to recent sanctions.

September 09, 2024
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