Page 15 - EurOil Week 04 2021

EurOil PROJECTS & COMPANIES EurOil

MOL adds 14 EV charging

stations to network

HUNGARY HUNGARIAN oil and gas company MOL on new product portfolios preparing for slower
Tuesday said it added 14 electric vehicle charg- growth for its core business. It has developed a
MOL is partnering ing stations to its MOL Plugee network, bring- future product portfolio that includes the exten-
with other companies ing the country-wide total number to 71 and sion of the chemical value chain, the construc-
to install a network of region-wide total to 161. MOL operates 2,000 tion of bio-refinery, integration of plastics and
charging stations. petrol stations in the region, and it plans to offer tyre recycling, the launch of car-sharing and the
EV charging at 200 of them by the end of 2021. deployment of EV charging infrastructure in
CEE’s leading oil and energy giant has addition to the the development of renewable
launched its EV charging brand MOL Plugee in energy.
2018 as part of its drive to move forward to alter- So far, almost 5,000 motorists have down-
native and clean mobility products and services. loaded the MOL Plugee mobile application
The charging stations were installed at launched last summer.
high-traffic motorway petrol stations in the Hungary has seen a spike in the sale of hybrid,
framework of the European Union-funded plug-in hybrid, and fully electric vehicles sold in
NEXT-E project, which seeks to establish 222 the last three years. There are more than 21,000
multi-standard fast chargers (50 kW) and 30 such vehicles running on the roads.
ultra-fast chargers (150-350 kW) The government has revised its EV car sub-
MOL is partnering with other companies sidy last year. Subsidies grew from HUF1.5mn
to install a network of charging stations in the (€4,190) to HUF2.5mn, available for cars with
Czech Republic, Slovakia, Slovenia, Croatia and a list price below HUF11mn. The HUF5bn
Romania, in addition to Hungary. Once com- scheme was depleted in a matter of hours, allow-
pleted it will make it possible to comfortably ing the support of 2,000 vehicles.
drive an electric vehicle from the Czech border The number of EV chargers is well over
to the Adriatic or the Black Sea, using only one 1,000. State-owned electricity company MVM
application. Mobiliti operates the largest network with 600
As part of its 2030 strategy, MOL is adding units. ™

NEWS IN BRIEF

Bulgaria launches tender in the beginning of 2017 Energy Minister Pancevo, which NIS is building in
Temenuzhka Petkova was ordered to speed
partnership with Gazprom Energoholding.
for construction of gas link up works on its implementation. been extremely challenging due to the
Tyurdenev said that the year 2020 had
Initially, the two countries planned to
with Serbia complete the interconnector in 2020. sudden drop of the price of oil and the
circumstances related to the COVID-19
Serbia already receives natural gas from
Bulgaria’s Agency for Public Orders (APO) Bulgaria via the Balkan Stream pipeline, pandemic, pertaining, among other things,
has given the green light to a tender for the which was launched at the end of December. to the considerably reduced demand for oil
construction of a natural gas interconnector and oil products.
with Serbia that is expected to cost €144mn
(€73.6mn), Investor.bg reported on January NIS to invest more than
25. Greek fuel distributor Coral
The launch of the tender was delayed due RSD20bn in 2021
to irregularities in the documents. buys majority stake in
Bulgaria has to build 62km of the Naftna industrija Srbije’s (NIS’) CEO
interconnector, which will connect the announced that the company will invest more Croatia’s Apios
national transmission networks of the two than RSD20bn (€154mn) in development
countries and secure diversification of gas projects in 2021. Greek motor fuel distributor Coral A.E. said it
deliveries. It should have capacity of up to “We will invest in all the main areas of has signed an agreement to buy a 75% stake in
1.8bn cubic metres of natural gas per year. our business – research and production, Croatian peer Apios for around €11.2mn.
Earlier in January, Serbia’s Energy processing and modernisation of our Coral is owned by Greece’s largest
Minister Zorana Mihajlovic said that the retail network. We will focus on the most business groups, Motor Oil Hellas, which
country expects to complete the construction profitable projects in Serbia and the region,” operates three brands in Greece, Shell, Avin
of its section of the gas interconnection with said Kirill Tyurdenev, NIS CEO, in an article and Cyclon.
Bulgaria by the beginning of 2023. he wrote for the Newsletter of the National “With this acquisition, Apios d.o.o.
The two countries signed an agreement Oil Committee of Serbia. assumes the name Coral CroatiaA d.o.o.,
to build the interconnector back in 2012. As one of the key projects to be realised while the Apios brand being replaced by
Three years later, a detailed plan on the this year, he highlighted the commissioning the Shell brand, one of the world’s leading
project’s implementation was prepared, and of the Thermal Power/Heating Plant brands,” Apios said in its own press release.

Week 04 28•January•2021 www. NEWSBASE .com P15