MOL to revise Romanian fuel supplies
According reports, Hungary’s energy major MOL is planning to ease ties with its Romanian partner Petrom and create its own supply channels.
According to their calculations the new base can lower the price of transportation by over 50%. After finishing modernizing the refinery in Százhalombatta, they would be able to supply the 122 Romanian stations from Hungary. Building the new logistic center could take one year and an investment of €100 million. Although MOL already has a fuel reservoir near Brassó, this is far from the Hungarian refineries, so transportation could only be realized via rail, which is more costly than water shipment. Reacting to news that appeared in the Romanian press Varró stipulated that MOL wants to remain Petrom’s partner in the future, and it is not intending to break up any business relation with the Romanian company. (Napi Gazdaság)
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