Published: February 27 2023
Summary:
The Hungarian state-owned energy company, MVM, has not taken advantage of the falling gas prices on the world market, leading to an absurd situation for residential consumers. The gas prices on the world market have been lower than the average price of 756 forints since December, but the company has not taken advantage of this and filled the storage tanks. This means that residential consumers who consume above the average now pay more than what is available on the world market.
Key Points:
- Gas prices on the world market have been lower than the average price of 756 forints since December
- MVM has not taken advantage of the falling prices and filled their storage tanks
- This means that residential consumers who consume above the average now pay more than what is available on the world market
- This situation has been described as "absurd" by experts
Source article:
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