{"id":63555,"date":"2022-09-20T06:49:03","date_gmt":"2022-09-20T11:49:03","guid":{"rendered":"https:\/\/olduvai.ca\/?p=63555"},"modified":"2022-09-20T06:49:03","modified_gmt":"2022-09-20T11:49:03","slug":"majority-of-hungarian-gas-stations-to-run-dry-next-week","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=63555","title":{"rendered":"Majority Of Hungarian Gas Stations To Run Dry Next Week"},"content":{"rendered":"<header class=\"ArticleFull_header__Eyn7V\">\n<h3 class=\"ArticleFull_title__MEgbb\"><a href=\"https:\/\/www.zerohedge.com\/markets\/majority-hungarian-gas-stations-run-dry-next-week\">Majority Of Hungarian Gas Stations To Run Dry Next Week<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__t4rGu\">\n<div class=\"NodeContent_body__6iJOI NodeBody_container__hI8PI\">\n<p>Hungarian gas and oil giant MOL will only be able to deliver a quarter of the needed fuel from 19 September, Hungarian media reported.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/download%20%283%29_27.jpg?itok=mxgWCsHI\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/download%20%283%29_27.jpg?itok=mxgWCsHI\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/download%20%283%29_27.jpg?itok=mxgWCsHI\" alt=\"\" width=\"500\" height=\"333\" data-entity-type=\"file\" data-entity-uuid=\"8fb3c686-69cd-44e8-bbd3-84d30705bb3c\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>According to\u00a0<a href=\"https:\/\/dailynewshungary.com\/fuel-shortage-to-come-next-week-at-many-petrol-stations-in-hungary\/\">Daily News Hungary<\/a>. Szeretlekmagyarorszag.hu acquired a letter in which MOL informed its partners that they could only deliver 25% of the contracted fuel amount. The cited reason for shortfall is &#8220;to maintain the predictability of fuel orders and the supply in Hungary, MOL explaned. The oil and gas giant\u2019s announcement concerns gasoline and diesel deliveries, too.&#8221;<\/p>\n<p>Similar to other European countries, the Hungarian government decided to maintain price caps on fuel and essential foodstuffs until the end of this year. Regarding the possible fuel shortage, Gergely Guly\u00e1s, the prime minister\u2019s chief of staff, said on yesterday\u2019s government info that\u00a0<strong>&#8220;there might be problems at the petrol stations.&#8221;\u00a0<\/strong>However, they trust in the sustainability of their decisions. Guly\u00e1s added that people could thank MOL that the government can maintain the fuel price cap scheme. As a result, gasoline and diesel prices will remain at HUF 480 per litre (EUR 1.19\/l) in Hungary until 31 December. Of course, the trade off is that soon there will be no gasoline and diesel.<\/p>\n<p>MOL announced today that their refinery in Sz\u00e1zhalombatta is operating again at full capacity because it successfully finished the scheduled maintenance work. The second maintenance phase will begin on 9 October, they added. But that will be a smaller-scale project affecting only the diesel-producing facilities. After finishing the procedure, it might take some time to ramp up diesel production. However, according to the Hungarian press, &#8220;fortunately demand decreases in autumn and winter, mitigating fuel shortage.&#8221;<\/p>\n<p>We doubt that this year demand will be falling any time soon. In fact, with shortages looming, prepare for just the opposite.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Majority Of Hungarian Gas Stations To Run Dry Next Week Hungarian gas and oil giant MOL will only be able to deliver a quarter of the needed fuel from 19 September, Hungarian media reported. According to\u00a0Daily News Hungary. Szeretlekmagyarorszag.hu acquired a letter in which MOL informed its partners that they could only deliver 25% of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[3378,408,33167,4318],"class_list":["post-63555","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-gasoline","tag-hungary","tag-mol","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/63555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63555"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/63555\/revisions"}],"predecessor-version":[{"id":63556,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/63555\/revisions\/63556"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}