Key facts
- Naftogaz Group and Hungarian energy company Mol signed a memorandum to build oil product storage facilities in Hungary.
- The facilities will serve Ukraine's needs and strengthen cross-border energy infrastructure.
- The agreement was signed on September 20, 2026, during the Carpathian 8 Summit.
- The move comes amid fears of Russian drone and missile attacks on Ukraine's energy infrastructure this winter.
Ukraine's state-owned Naftogaz Group has entered into a memorandum of understanding with Hungarian energy company Mol to construct oil product storage facilities in Hungary. The agreement, announced by Naftogaz's acting head Serhii Fedorenko on September 20, 2026, aims to bolster energy security amid anticipated Russian attacks on Ukraine's infrastructure during the winter months.