State-owned oil transport company JANAF has firmly rejected claims by Hungary’s MOL Group regarding alleged technical issues during capacity tests on the oil pipeline segment from the Sisak Terminal to the Hungarian border in September 2025. JANAF specifically dismissed suggestions that it cannot meet the annual crude oil needs of MOL’s two Central European refineries. […]
Serbia is nearing the completion of a new long-term natural gas supply agreement with Russian company Gazprom, with only a few details remaining to be finalized. Energy Minister Dubravka Djedovic highlighted that Russian gas played a crucial role in ensuring uninterrupted deliveries to households and industry during the peak of the energy crisis. She emphasized
Kazakhstan’s national oil company KazMunayGaz and Hungary’s MOL Group have agreed on the volume of Kazakh oil to be delivered by pipeline to Budapest, though negotiations over pricing are still ongoing. In February, Hungary reached an agreement to import Kazakh crude following the European Union’s decision to completely phase out Russian oil imports by the
Kazakhstan and Hungary finalize oil volume deal, but pricing talks delay first shipments Read More »
Preparations are progressing for the construction of the Serbia–Hungary oil pipeline, with authorities working to secure the necessary location conditions. The upcoming stages will involve drafting the main design required for obtaining a construction permit and conducting an environmental impact assessment. These measures aim to accelerate the start of construction, according to Serbia’s Minister of
Region: Preparations underway for Serbia–Hungary oil pipeline construction Read More »
Serbian President Aleksandar Vučić has announced that the design phase for the new oil pipeline to Hungary will be completed by the third quarter of this year, with construction slated to begin in the fourth quarter. The pipeline is expected to be fully operational by the first quarter of 2027, with an investment estimated at
Serbia: Oil pipeline to Hungary set to boost diversification and lower costs by 2027 Read More »
