Hungary is receiving significant amounts of non-Russian oil through the Adria pipeline, according to a statement released Friday by Janaf, a Croatian oil company. The news comes as concerns linger over energy security in the region following disruptions to other supply routes.
The company stated that deliveries are ongoing to the Mol Group via the Adria pipeline, and an additional three tankers carrying non-Russian oil are en route to the Omišalj terminal.
Janaf asserts that claims of potential fuel shortages in Hungary and Slovakia are “completely unfounded,” citing regular marine shipments and stable pipeline deliveries. The company says, there has been no demand to tap into strategic reserves.
The company maintains its position that the Adria pipeline has sufficient capacity to meet the total crude oil needs of both Hungary and Slovakia. Janaf welcomed Mol’s openness to further testing, involving representatives from the European Commission, and proposed a one-month trial period during which one million tons of crude oil would be transported through the pipeline to demonstrate system capacity.
The situation stems from the disruption of the Friendship pipeline. Mol – utilizing sanction exemptions applicable when pipeline transport is hindered – continues to explore importing cheaper Ural-type Russian oil from Croatia. Although Mol has already ordered a Russian shipment to Omišalj, the Croatian government stated Thursday that a final agreement has not yet been reached.
Szabolcs Szabo, vice president for supply chain management at the Mol Group, confirmed that the company is diversifying its sources and has ordered oil from Saudi Arabia, Norway, Kazakhstan, and Libya. He added that they are continuing to perform on importing Russian crude oil via the Adria pipeline while adhering to sanction regulations. Mol’s long-term goal is to increase the flexibility of its refineries, aiming to have exclusive decision-making authority over the type and origin of imported crude oil by 2027 through ongoing investments.
Címlapkép forrása: Portfolio
