April 1998

Trends and Resources

HP Impact: HPImpact: Poland, Baltic states lead fuel market ‘boom' in Eastern Europe

At least fifteen major international oil companies are vying for supremacy in a region that is "just beginning to come to grips with the difficulties inherent in a market economy," reports market rese..

Weirauch, Wendy, Hydrocarbon Processing Staff

At least fifteen major international oil companies are vying for supremacy in a region that is "just beginning to come to grips with the difficulties inherent in a market economy," reports market research from Datamonitor, New York. According to its new report, "Eastern European Service Stations," it is nearly eight years since the first western service station was opened by Exxon in Budapest. The current climate: Poland is the most important fuel market in Eastern Europe. Shell has the largest fuel station network, with 339 sites in the region. Intense competition will drive down fuel prices in the long-term. Regional boom. The fue

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