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Hungary: Only Hungarian cars will be able to buy fuel at reduced prices from Friday

27 May 2022
Oil&Gas
energynomics

Only cars registered in Hungary will be able to buy fuel at government-capped prices from Friday, while cars registered abroad will be able to buy fuel at market prices, Prime Minister Viktor Orban’s chief of staff Gergely Gulyas said on Thursday.

Given that fuel prices in Hungary are the lowest in Europe, tourism has risen sharply in order to buy fuel in the border area, so that tourism has become a threat to security of supply, says Gergely Gulyas.

“Foreign buyers are taking advantage of the fact that Hungary is able to keep the price of petrol at 480 forints (1.2 euros) per liter, while in other parts of Europe it is 700-900 forints,” said Gergely Gulyas, according to Agerpres.

To prevent such “abuse”, only cars registered in Hungary will be able to buy petrol at 480 forints per liter in Hungary. The others will have to pay the market price, Gergely Gulyas pointed out.

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