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OIL: MOL Druzhba Supply Deal in Compliance with EU Rules

OIL

The deal by Hungary’s MOL to transport Russian crude through the Druzhba pipeline via Belarus and Ukraine is in compliance with EU rules MOL's executive chairman Zsolt Hernadi said to local news outlets on Wednesday.

  • Russia’s Lukoil is set to resume supplies to Slovakia and Hungary in October after MOL said on Monday it had secured new delas with suppliers and pipeline operators.
  • The deal involves MOL taking ownership of the crude at the Belarus-Ukraine border. 

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