
Slovak PM Fico Says Cheap Fuel Prices Unsustainable as Slovnaft Returns Oil Shipments
Share:
Slovak Prime Minister Robert Fico acknowledged that the country's low fuel prices are unsustainable, as state-controlled refiner Slovnaft has begun returning oil shipments. The premier indicated that higher fuel prices may be necessary, marking a shift from earlier government promises to maintain affordable energy costs. Slovnaft, Slovakia's largest refinery owned by Hungarian energy company MOL, has started rejecting oil deliveries, suggesting supply chain disruptions that could affect domestic fuel availability. The development signals potential challenges for Slovakia's energy policy, as the government faces pressure to balance consumer costs with market realities amid broader European energy market volatility.
