MOL Lowers Refuelling Limit for Retail Buyers

Economy

Hungarian oil and gas company MOL has set a 50-litre per-service refuelling limit for retail buyers at its domestic petrol stations from Friday, the company has said. The new limit is half the volume available so far, MOL told MTI.

 

Fielding questions at a talk on Friday, MOL chairman-CEO Zsolt Hernádi said the new limit was necessary because of the start of the tourism season, the limited volume of motor fuel at MOL’s disposal and technical reasons. The impact of the war in Ukraine, the imbalance between supply and demand, and the price regulation in Hungary were also contributing factors, he added.

 

He noted that a shutdown at Austrian peer OMV’s refinery in Schwechat after a scheduled overhaul is expected to last some weeks, reducing motor fuel volume on the central European market. Austria’s OMV also announced a 50-litre top-up limit for purchases at 480 forints (EUR 1.2) per litre at its local petrol stations from Friday.

 

 

hungarymatters.hu

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