MOL Renovates Base Storing Strategic Kerosene Reserves

Energy Trade

Photo by MTI/Zoltán Balogh

Hungarian oil and gas company MOL completed a HUF 1.2 billion renovation of its base in Kecskemét where 85pc of the country's kerosene reserves are stored, according to a report by state news wire MTI.

Hungary's strategic kerosene reserves amount to 14,000 tonnes, Szabolcs Pal Szabo, managing director of MOL's group-level Downstream Value Chain Managament said. 

As a result of the development, the base now has the capacity to store 12,000 tonnes of aviation kerosene, Zoltán Földházi, the head of the logistic base said.

Last Gábor Baross Scheme Top-up Contracts Signed  Figures

Last Gábor Baross Scheme Top-up Contracts Signed 

Hungary Ready to Act as Intermediary With Russia - Szijjártó Int’l Relations

Hungary Ready to Act as Intermediary With Russia - Szijjártó

Continental Veszprém Plant Manager Looks to Transform Challe... Interview

Continental Veszprém Plant Manager Looks to Transform Challe...

Summer Camp Prices Have Increased 10-15% Tourism

Summer Camp Prices Have Increased 10-15%

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.