09 July 2025

Hungarian oil companies seek access to Odesa port

(Photo: depositphotos.com)

The oil company Mol, which is known for its ties to the energy carriers of the aggressor Russian Federation, wants to have access to the port of Odesa.

This was reported by Bloomberg.

The company's vice president, Szabolcs Pal Szabo, is convinced that this will allow Hungary to move away from dependence on Russia faster.

The company plans to gain access to all types of oil by sea.

In general, it is about the Odesa-Brody oil pipeline. Szabo is confident that the flows could be directed to Hungary through the southern branch of the Druzhba pipeline, which currently supplies Russian oil to the country and connects to the Odesa pipeline near the Ukrainian-Polish border.

However, such a project could prove difficult in practice, Bloomberg notes. Odesa is increasingly under enemy attack, and the pipeline, which is currently out of service, would require huge investments. The Black Sea has also been mined.

But the Hungarian company is not giving up. It is proposing that the European Union join in the restoration of the pipeline. According to Mol, this project will also be useful for Serbia.

It will also require political maneuvers from, as Bloomberg noted, pro-Russian Hungarian Prime Minister Viktor Orban, who has called on the EU to cut support for Kyiv and lift sanctions against Moscow.

Earlier, we also wrote about tenders worth billions: how the company of the husband of a Mykolaiv MP received a fuel contract.

Also, the aggressor country kills not only civilians, but everything it touches. Thus, at the end of June this year, oil from Russian tankers polluted the Black Sea.

Олександра Горст

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