US EditionHungary Taps Strategic Oil Reserves After Druzhba Pipeline Halt
16 Articles
16 Articles
Hungary Will Use the Seal of the Strategic Reserves After Russian Oil Supplies Have Been Interrupted
The government of Budapest reported that "you'll be in circulation" about 1.8 million bars of lead from its strategic reserves, after a Russian attack on the Drjugba conduct in Ukraine on 27 January interrupted Russian oil shipments to Eastern Europe, transmits Reuters.
As a result of a targeted Russian attack on January 27, technological and auxiliary equipment of the Druzhba oil pipeline suffered significant damage.
Hungary to Release Strategic Oil Reserves Amid Druzhba Pipeline Halt
Hungary's government is set to release 250,000 tons of crude oil from its strategic reserves following a stoppage in oil flows through the Druzhba pipeline. Hungary's oil company, MOL, will have priority access to these reserves, according to a decree from the government.
Hungary Taps Strategic Oil Reserves After Druzhba Pipeline Halt
Hungary is releasing oil from its strategic petroleum reserves to ensure supply after Russian crude flows via the Druzhba pipeline stopped at the end of last month. The Hungarian government will release 250,000 tons of crude oil from the country’s strategic reserves, with domestic oil company MOL having priority access to the commodity, according to a government decree published in the official gazette. At the end of January, Druzhba, the pipeli…
Gulyás: Government releases strategic oil reserves, further steps against Ukraine under review
At Thursday’s Government Info briefing, Minister heading the Prime Minister’s Office, Gergely Gulyás, announced that the government has released Hungary’s strategic crude oil reserves following Ukraine’s decision to halt oil deliveries via the Druzhba pipeline.
Hungary will release 250,000 tons of oil from its strategic reserves due to the suspension of supplies via the Druzhba pipeline. The Hungarian company MOL will have priority access to them. The MTI agency reports this, referring to a Thursday regulation by the Hungarian Ministry of Energy. Hungarian Foreign Minister Péter Szijjártó warned on the X network that Budapest would block a 90 billion euro (2.2 trillion CZK) EU loan for Ukraine until th…
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
