Hungary's MOL to bear costs in new Druzhba oil supply deals, sources say
Ukraine's sanctions cut oil flows to MOL via Druzhba pipeline
MOL says it reached new oil supply deals
Releads on changes to tariff payment structure, adds detail throughout
BUDAPEST/MOSCOW, Sept 11 (Reuters) -Hungarian energy group MOL MOLB.BU will bear all costs for transporting oil to its refineries via the Druzhba pipeline from the Belarus-Ukraine border as part of a deal to secure Russian supplies, two industry sources told Reuters.
MOL said on Monday it had reached a deal for the continual supply of Russian oil through Belarus and Ukraine via Druzhba, after Kyiv's addition of Russia's Lukoil to a sanctions list in June led the Hungarian government to voice concerns about security of supply.
It did not give details of the deal. Previously, Russian oil suppliers sold crude oil on a 'free in pipeline' basis in Hungary, under which the seller pays for the delivery of goods.
MOL declined to comment. Russian oil exporter Lukoil LKOH.MM, oil pipeline monopoly Transneft TRNF_p.MM and the Ukrainian energy ministry did not reply to requests for comment.
Kyiv's addition of Lukoil to a sanctions list in June amid the war with Russia stopped the flow of its oil to MOL refineries in Hungary and Slovakia, whose governments said this was a threat to security of supply.
MOL Executive Chairman Zsolt Hernadi said on website index.hu on Wednesday that the deals to transport Russian crude through the Druzhba pipeline complied with all European Union and Ukrainian rules.
He also said MOL's costs would rise under the new deals, but that they were still more favourable than shipping crude via the alternative Adriatic pipeline, where he said Croatia had raised the transit fees.
"Our interest is that both routes (for shipments) should operate so we could keep our freedom to act," Hernadi said.
Slovakia, Hungary and the Czech Republic were granted an exclusion from an EU embargo on Russian oil due to their limited opportunities for alternative oil supplies.
The updated crude oil transportation agreements and the new takeover arrangements are effective from Sept 9.
According to the sources, Russian oil supplies via Druzhba in September are planned at 510,000 metric tons for Slovakia and at 360,000 tons for Hungary.
Reporting by Krisztina Than, Reuters bureau in Moscow and Pavel Polityuk in Kyiv. Editing by Jane Merriman and Jan Harvey
Mga Kaugnay na Asset
Pinakabagong Balita
Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.
Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.
Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.
