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AlwaysFree: Hungary Govt Says Fuel Price Cap Hinges On MOL's Ability To Ensure Sufficient Supply

Author: SSESSMENTS

According to Reuters article published on November 30, 2022, Hungary's government will decide about the extension of a price cap on fuels based on information from oil and gas group MOL on whether the company is able to ensure supply, Prime Minister Viktor Orban's chief of staff told a briefing on Wednesday.

The fuel price caps expire at the end of December.

"There are worrying news," Gulyas said, listing new EU sanctions and a continued reduction in output at MOL's refinery in Szazhalombatta. "If conditions arise when there is not enough gasoline and diesel then we need to take a step."

Tags: AlwaysFree,Central and East Europe,Crude Oil,English,Europe,Gas,Hungary

Published on December 1, 2022 11:40 AM (GMT+8)
Last Updated on December 1, 2022 11:40 AM (GMT+8)