Government changes fuel purchase rules in Hungary from today – UPDATE

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Gergely Gulyás and Alexandra Szentkirályi held this week’s government info at an unusual time, today at 11 a.m. Therefore, sSome Hungarian media thought there would be extraordinary announcements, and they were right. Below you can read the details!

According portfolio.huGergely Gulyás, Chief of Staff to the Prime Minister, announced the following government decisions:

  • Only private cars, taxis and agricultural machinery, tractors can buy fuel at the capped price (480 HUF per liter = 1.19 EUR per litre). The decree on the government’s decision will be released on Saturday, Gulyás said. It will therefore be effective from noon!
  • A vehicle’s eligibility for the fuel price cap will be determined based on the barcode on its registration license, he said.
  • The CEO of MOL said it had to halt production at its Százhalombatta refinery, which covers 100% of Hungary’s fuel needs, due to urgent maintenance work. Therefore, the government releases 1/4 of the country’s strategic reserves to meet domestic demand with the MOL. The rest of the needs must be covered by imports.
  • Gas prices are skyrocketing. Therefore, the government wants to find alternatives: they will increase the production of lignite and the extraction of wood. The government also plans to reopen the recently closed Mátra power plant.
  • Hungary did not vote for the EU’s gas cut proposal, but will comply with it.

Read also: Hungarian inflation will be the highest in Europe in 2023!

On questions, Gulyás said he did not want to release more of Hungary’s strategic reserves. However, if production at Százhalombatta did not continue for any reason, they would release more to guarantee supply.

He also said he was optimistic about a possible agreement with the European Union soon.

Read also MOL CEO says there will be fuel shortages in Hungary without imports

Source: portfolio.hu

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