Hungary will release 250,000 tonnes of crude oil from its strategic reserves following a halt in flows on the Druzhba pipeline. The decision was announced in a government decree published late on Thursday.
The measure aims to ensure a continuous supply of crude oil to domestic refineries and prevent fuel shortages. Authorities have not yet explained why the current stoppage happened or said when it will resume.
Under the new provisions, the Hungarian oil company MOL is entitled to priority access to the released reserves. MOL operates the Danube Refinery in Százhalombatta, which processes fuel for the domestic market.
The government said the released stockpile will allow the company to maintain stable energy production while the pipeline issue is resolved. The reserves will directly replace the missing pipeline volumes to keep operations running.
The Druzhba pipeline is a key energy route for Central Europe, delivering Russian crude to landlocked nations such as Hungary, Slovakia, and the Czech Republic. Disruptions along the route have previously prompted governments to tap into emergency reserves to stabilise regional energy markets.
Hungary is required to maintain strategic stockpiles to manage unexpected supply failures. The current release provides a temporary buffer while alternative supply options or pipeline repairs are evaluated.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 21st of July, covering the latest developments you need to know.
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