MOL says to pay 'exceptional premium' to use Adriatic pipeline
17/05/2023 16:28
BUDAPEST, May 17 (Reuters) - Hungarian energy group MOL
MOLB.BU said on Wednesday it will pay an "exceptional premium"
to use the Adriatic oil pipeline after lengthy negotiations with
Croatian operator JANAF.
"JANAF provided only a one-year long contract with an
exceptional premium pricing policy which results in MOL paying
several times any reasonable current market benchmark," MOL said
in an emailed reply to questions.
(Reporting by Krisztina Than and Gergely Szakacs; Editing by
Alexander Smith)
((gergely.szakacs@thomsonreuters.com ; https://twitter.com/szakacsg
; +36 1 882 3606 ; https://www.reuters.com/authors/gergely-szakacs/))