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UPDATE - MOL calls on big gas consumers to use oil (adds.

Europe Intelligence Wire

| January 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, January 1 (MTI) - Hungary's oil and gas company MOL has called on its large consumers to switch from gas to oil on Monday, the company's PR director told MTI.

"We have instructed certain power and district heating plants to switch over to the alternative fuel, oil," Szabolcs I. Ferencz said on Sunday, adding that Hungary was currently receiving 25 percent less gas from Ukraine than usual.

The measure has been taken under effective consumer agreements, and it does not qualify as a restriction of supplies. MOL sells gas to some customers at a lower price; in return they have agreed to use oil instead if that is needed, the director explained. The alternative oil had to be used on ...

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