economy
February 25, 2026
MOL Acquires Serbian Oil Company? Serbia, Hungary, and Slovakia Strengthen Energy Security!
One of the key topics of discussion was the construction of a pipeline between Serbia and Hungary.
TL;DR
- MOL plans to acquire a Serbian oil company.
- The acquisition will create a coordinated oil market for Slovakia, Hungary, and Serbia.
- This will enhance resilience against political pressure, particularly from Ukraine.
- Hungary will fully support MOL in this acquisition process.
- Serbia and Hungary agreed to accelerate preparatory work on a Serbia-Hungary oil pipeline.
- The new pipeline aims to improve oil supply security in Serbia, Hungary, and the wider Central European region.
- The move is intended to strengthen energy security, integrate energy systems, and reduce external dependency.
- The Hungarian Foreign Minister also informed the US administration about alleged political pressure from Ukraine blocking Russian oil supplies via the Druzhba pipeline.
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