MOL will open this year in Romania 12 gas stations in addition to the Agip stations purchased from the Italian company Eni, the total investment being 20 million euros, according to the oil group.

“Of the 12 stations which we will open in total this year – some have already been inaugurated – 8 are on sections of motorway. We will soon open two gas stations on the highway Nadlac-Sibiu. The total investment of MOL Romania in 2015, is 20 million euros (including the development of the capacity and logistics services to companies), of which 5 million were allocated for the rebranding of the 42 Agip stations, acquired from Eni, rebranding that we completed entirely”, said on Tuesday in Budapest, the General Manager of MOL Romania, Kinga Daradics, Mediafax.

Last year, MOL Romania has opened also 12 gas stations, in which it invested 11 million euros. Also, in the recent months, the regional concept Fresh Corner has been implemented in five MOL petrol stations in Romania, 28 in total in the region. In the Fresh Corner Section, the MOL petrol stations offer fresh food, shopping for home and a variety of coffees.

MOL recorded in the first quarter an of 13% increase in sales volume of gasoline and estimated that the growth trend will be maintained until the end of the year. Overall, the fuel growth in the first part of the year was 7-10%, said Kinga Daradics.

The Oil Group plans to invest in the exploration of some oil blocks

MOL has announced plans to invest tens of millions of dollars in the early stages of exploration of the three blocks won in auctions held by the National Agency for Mineral Resources of Romania (NAMR), writes Mediafax.

“The investment will be directed towards exploration: seismic acquisition and the 10-12 wells will be drilled in the next three years,” said on Tuesday Szakal Tamas, director of Exploration & Production at MOL Hungary. In 2010, the group won with Expert Petroleum in the X Round the auction organized by the NAMR for EX-1 Voivozi, EX-5 Adea and EX-6 Curtici. The Concession Agreement on the EX-6 Curtici block was ratified in 2012 and the other two in 2015.

However, MOL announced the completion of an investment of 300 million euros in the expansion of the polymers unit in Bratislava, Slovakia, which will enter into commercial production in the first quarter of 2016 and plans to build a plant for synthetic rubber in Hungary, in partnership with a Japanese company.