Reviving the Odessa-Brody Pipeline: New Opportunities

The Hungarian oil and gas firm Mol intends to revive the Ukrainian Odessa-Brody pipeline, which has been out of operation for many years. The project aims to decrease reliance on Russian energy sources and provide alternative oil supplies to Central Europe.

According to Bloomberg, the Hungarian oil company Mol is planning to restore the Odessa-Brody pipeline to lower dependence on Russian energy.

Mol's Vice President, Szabolcs Pala Szabo, stated that the pipeline will allow oil to be delivered by sea through the Black Sea from various global producers, which will then be transported to Hungary and Serbia via the «Friendship» system.

However, the project's implementation will require substantial investments, as the infrastructure is significantly outdated and Odessa faces regular missile attacks. The company is counting on financial and political support from the EU and other nations.

«The company wants the EU and other countries to participate in the “revitalization” of the Odessa pipeline, which will also serve as an alternative to Russian oil for Serbia,» the vice president noted.

The Odessa-Brody pipeline was built in 2002, stretching 667 km with a capacity of 14.5 million tons of oil per year. It connects the Odesa and Lviv regions, interfacing with the international «Friendship» pipeline.