Agreement on MOL’s purchase of Russian shares in NIS could be days away, Szijjártó says

Péter Szijjártó announced that an agreement on the purchase of Russian shares in Serbian oil company NIS could be finalized soon, with the Hungarian government supporting Mol's acquisition for enhanced energy security in Central Europe. He emphasized the strategic importance of the Pančevo refinery and dismissed rumors about its closure as 'fake news.' An intergovernmental agreement between Hungary and Serbia will facilitate cooperation in the oil industry, including a new pipeline connecting their refineries. Szijjártó criticized EU policies for exacerbating energy crises in the region and highlighted the importance of Hungarian-Serbian relations for energy security.