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MOL executive: Rijeka refinery stands better chances than Sisak

BUDAPEST, Oct 1 (Hina) - MOL is adjusting to the excess refinery capacity in Europe, and has already transformed its Italian refinery into a logistics hub, MOL's Executive Vice President for Downstream, Ferenc Horvath, told Reuters, calling on "the Croatian oil and gas company INA, in which MOL holds close to 50 percent, to consolidate its refining capacity at one site instead of keeping two refineries running, which is generating losses."

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