Although key details are still missing, it now seems that the public utility tax will qualify as a “local” tax and as such should not impact MOL’s (FGSZ’s) high-pressure gas transmission pipeline system. According to the draft, the tax will only be levied on pipelines/wires/tubes located in populated areas and will amount to HUF 100 per meter.
Although not all caveats have dissolved, it seems the new tax will have no/negligible impact on MOL’s operation. This is clearly better than what we had feared when the government announced the tax the day before yesterday. Hence we see this latest news as positive.