Local oil and gas market to return to 2008 level in four years

The oil and gas market in Romania and in the region will get back to the 2008 level in three or four years, when the demand will return to that level, according to Mosonyi Gyorgy, president of the board with Hungarian oil company Mol. The company will continue to expand its distribution network in Romania, its representative has said. Mol runs 126 gas stations in Romania and its total gas sales in the country dropped by 4.5 percent in the first half of the year, when the company reduced the number of gas stations it operates in the country, according to Mediafax newswire. editor@romania-insider.com