MOL Romania H1 fuel sales add 7 percent

Newsroom 13/08/2013 | 13:41

MOL Romania, a subsidiary of Hungary’s oil and gas MOL Group, said its fuel sales expanded by 7 percent in volume, in the first semester, while the group’s retail sales added 1 percent.

Diesel sales rose by 8 percent to 171,000 tons and petrol sales rose by 3 percent to 61,000 tons, according to Mediafax newswire.

MOL operates in Romania a retail network of 138 filling stations and holds the concession rights for three perimeters in Western Romania.

In the first semester, MOL Group registered a 21 percent reduction in the EBITDA CCS (excluding special elements and price fluctuations) to HUF 112 billion due to a lower contribution of the exploration and production segment.

“Lower crude oil prices and ever-decreasing hydrocarbon production left their mark on the contribution of this, our most profitable business segment,” said Zsolt Hernádi, MOL chairman-CEO.