Hungarian oil and gas company MOL has started operating a fuel terminal in Serbia with capacity for 8,000 cubic metres of diesel and 4,000 cubic metres of petrol, MOL Serbia said. The terminal, to be supplied by MOL Group refineries, is located in Sremski Karlovci, not far from Novi Sad. The terminal is MOL’s first in the country. Serbian Minister of Mining and Energy Aleksandar Antić said the terminal would increase security of supply and strengthen market competition. MOL is the second largest importer on Serbia’s wholesale fuel market. It operates 65 petrol stations in the country.