Decarbonisation of Downstream - Fit for 55 or Fit for Reality?

Gabriel Szabó, EVP Downstream, MOL Group
Go Net Zero Energy Summit, Budapest

How can Europe reconcile its ambitious decarbonisation targets with on-the-ground industrial realities? In this powerful keynote, Gabriel Szabó delivers a frank and thoughtful reflection on the energy trilemma from the perspective of a company at the frontline of the transition.

From the legacy of the COVID-19 crisis to the impact of the war in Ukraine, Szabó shares why energy security is back at the top of the agenda and why sustainability efforts must be balanced with economic competitiveness and realism.

Concrete Progress from MOL Group:

• 10% emissions reduction since 2019
• Operational green hydrogen electrolyser
• Circular economy initiatives in waste and biomethane
• Electrification and low-carbon fuels in the downstream

His message? Targets are important but only if they’re grounded in reality and supported by true collaboration.

Watch the full keynote to explore whether Europe’s downstream sector is truly Fit for 55 or just Fit for Reality?