Druzhba Has Run Dry, Mol Keeps Its Refineries Alive at Higher Cost

Mol Group has taken action and launched alternative procurement as there is no sign that deliveries through the Druzhba pipeline toward Hungary and Slovakia will restart in the foreseeable future. The new route is slower and significantly more expensive.

The Druzhba II oil pipeline entering the Mol Danube Refinery with its main shut-off valve, and a commemorative plaque in the foreground, Szazhalombatta, July 25, 2013. The Danube Refinery is the Mol Group's largest and Hungary's only crude oil processing facility. (Photo: MTI/Zoltan Mathe)

Currently, the company’s refineries can operate steadily at 70–80 percent capacity if pipeline deliveries do not resume. This does not in itself cause a supply crisis but reduces flexibility and increases import exposure in both crude oil and refined product markets.

               

       

       
       

            További játékainkhoz kattintson ide!