At the same time, revenue from stores in MOL gas stations climbed 8%, following intense promotion, according to the group’s financial report.
Diesel fuel volumes sold increased by 7% to 320,000 tons, while gasoline volumes sold in Romania declined by 3% to 127,000 tons.
In the fourth quarter of 2011, overall volumes rose 6% on the year to 117,000 tons. Diesel volumes rose 9% to 84,000 tons, while gasoline volumes dropped 3% to 32,000 tons.
On a group level, volumes stagnated at slightly more than 3.5 million tons last year, while fourth quarter volumes dropped 8% to 861,000 tons.
The group made a EUR19.4 million provision in Hungarian forints to cover a fine imposed by the Competition Council in Romania following a fuel market probe. MOL announced the EUR18.5 million fine will be challenged in court.
At the end of 2011, MOL had 128 gas stations in Romania, the same as in September and two more compared to December 2010.