Hungarian refiner Mol eyes alternatives to Russia pipeline

Bloomberg

Hungarian refiner Mol Nyrt is in talks to use Croatia’s oil pipeline network as it works
to wean itself off Russian
supplies, according to a senior company executive.
“Our intention at the moment is to clearly develop the alternative possibilities,” Peter Ratatics, Mol’s 40-year-old executive vice president for consumer services, said in an interview. “In a conflict zone, how long can you have a stable supply in a pipeline that’s
always in danger?”
The Mol executive’s words indicate an effort to limit Hungary’s energy dependence on Russia amid the war in Ukraine — even as Premier Viktor Orban has locked the country into a 15-year gas contract with Gazprom PJSC and works with Rosatom Corp. to expand the nation’s sole nuclear power plant.