Slovnaft and MOL Plan Cross-Border Pipeline for Hydrocarbon Transport
Slovak oil company Slovnaft and Hungarian energy giant MOL are planning to build a cross-border pipeline for transporting hydrocarbons between the two countries. The project will enable the movement of volumes from west to east and optimize assets through highly efficient, low-carbon transport with a capacity of up to 1.65 million tons of fuel annually. According to the Slovak Ministry of Economy, pipeline transport is seven times cheaper than rail transport. Slovnaft is the Slovak subsidiary of MOL Group, Hungary's largest oil and gas company, which operates refineries in both Slovakia and Hungary. The pipeline project represents part of broader efforts by Central European energy companies to improve transport efficiency and reduce carbon emissions in fuel distribution networks.
