“Naftogaz” and the Hungarian MOL will build storage of petroleum products for Ukraine

Ukrainian Natftogaz and the Hungarian company MOL signed a memorandum on the construction of storage facilities for petroleum products in Hungary. This was reported by the acting head of the board of the Ukrainian company Sergey Fedorenko.

According to Mr. Fedorenko, new facilities will be placed near the Ukrainian-Hungarian border to meet the needs of Ukraine.

“The implementation of the joint project in the future will not only increase the reliability of fuel supplies for Ukrainian consumers, but will also contribute to the mutually beneficial development of cross-border energy infrastructure between Ukraine and Hungary,” the press service of Naftogaz said.