Hungarian MOL tests Saudi oil instead of Russian oil at Slovnaft refinery

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The largest Hungarian oil and gas company MOL, which has an oil refinery (refinery) in the capital of Slovakia, successfully tested there Arab Light oil from Saudi Arabia instead of Ural oil from Russia. This was stated in the press service companies.

“Slovnaft refinery has successfully completed Arab Light oil test,” MOL said in its 2022 performance report.

In the statement, it was stated that as of February 5, 2023, all preparatory work to increase the purchase of non-Russian quality oil in accordance with the rules prohibiting the export of petroleum products of Russian origin has been completed.

The company stated that a program is underway to diversify oil raw materials due to the need to comply with EU sanctions against Russia.

In November, MOL reported decided Reduce the supply, as Russian flows turned out to be significantly less than usual.

Later it was learned that Hungary. to be continued Processing Russian oil domestically, despite EU restrictions coming into effect on Feb.

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