In response to increasing uncertainties in international energy markets, Hungary has decided to release substantial quantities of fuel from its strategic emergency reserves. This measure is aimed at mitigating supply risks and ensuring stability within the domestic energy sector.
Economy and Energy Minister István Kapitány has approved the sale of 150 million liters of 95-octane gasoline alongside 425 million liters of diesel from national stockpiles. This initiative seeks to avert potential shortages and maintain a steady supply for consumers across the nation.
The fuel will be available exclusively within Hungary and will be sold at regulated capped prices. The government has established pre-tax prices at approximately 0.75 euros per liter for gasoline and around 0.83 euros per liter for diesel, a strategy designed to alleviate financial pressure on consumers while supporting retail fuel stations throughout the country.
Under this decision, members of the Hungarian Hydrocarbon Stockpiling Association have until the end of June 2026 to acquire the released reserves. Furthermore, authorities have mandated that strategic stocks must be replenished immediately following the sales, with a full restoration deadline set for June 30, 2027.
The Hungarian government has also indicated that revenues generated from these fuel sales will be reinvested into rebuilding the national emergency fuel reserves. This approach underscores a commitment to ensuring long-term security and continuity of supply in Hungary’s energy landscape.
