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MOL Group Ships Azeri Crude to Bratislava Refinery

Energy Trade

Image by Postmodern Studio / Shutterstock.com

Hungary's MOL Group on Monday said it has started delivery of crude from a field in Azerbaijan to its refinery in Bratislava, according to a report by state news wire MTI.

The Azeri Light is from a field in which MOL owns a 9.57% stake.

The 90,000 tonnes of seaborne crude has arrived in Croatia and is being delivered to the Slovnaft refinery via the Adria pipeline.

"This is another important milestone in Slovnaft's and MOL Group's journey toward greater crude sourcing flexibility amid European sanctions prohibiting the export of petroleum products from EU member states," MOL Group said.  

"MOL continues to import Russian Export Blend via the Druzhba pipeline, as it is convinced that the best way to guarantee the security of the fuel supply in the Central and Eastern European region is to keep traditional supply channels intact while exploring and securing alternative ones," it added.

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