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H1 diesel sales rise 6.5% on foreign purchases

Members of the Magyar Ásvanyolaj Szövetség (Hungarian petroleum alliance) sold 6.5% more diesel fuel in the first half of 2009 than they did in the first half of 2008, the organization reported on its website.

Shell Hungary director of retail operations Balázs Szintai told business daily Világgazdaság that the forint's weakness during the period prompted foreigners, notably truckers, to purchase diesel fuel in Hungary during the period.

Magyar Ásvanyolaj Szövetség members sold 0.6% less petrol in the first half of 2009 than they did in the first half of 2008.

Fuel-industry specialists warned the newspaper that the July 1 rise in Hungary's excise tax on fuel could reduce both domestic and foreign demand for fuel in Hungary. (MTI – Econews)