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.
MOL Group operates in over 40 countries, employing close to 30,000 people. The group manages five refineries and two petrochemicals units.
Ovidiu Posirca