MOL to buy 44 petrol stations from Lukoil

Hungary´s MOL will acquire 44 petrol stations of the Russian firm Lukoil in the Czech Republic in an effort to further strengthen its position on the Czech market and in Central and Eastern Europe, the firm said on Tuesday. MOL operates 125 Pap Oil petrol stations and 24 Slovnaft stations in the Czech Republic and is in the process of acquiring 125 Agip stations on the Czech market. On completion of the deal with Lukoil and the purchase of the Agip network from ENI the company will operate 318 petrol stations in the country. MOL runs a network of over 1,700 petrol stations in 11 countries in Central and South-East Europe.