MGYOY Mol Magyar Olay Es Gazipari Rt (PK)

3.654

-0.026 (-0.71%)

Last Updated: 18:13:16

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Name	Symbol	Market	Type
Mol Magyar Olay Es Gazipari Rt (PK)	USOTC:MGYOY	OTCMarkets	Depository Receipt

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	-0.026	-0.71%	3.654	3.61	3.69	3.665	3.635	3.665	10,784	18:13:16

INA Halt To Syria Activities In Effect Until Further Notice

27/02/2012 10:18am

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Croatian energy firm INA d.d. (INA.ZG) has delivered a force majeure notice announcing the indefinite suspension of its activities in Syria, the company said Monday.

"Based on the Croatian government decision, as well as the overall security situation in Syria, INA is not able to continue performing its regular business operations and activities in Syria due to reasons which are beyond the control of the company," INA said.

INA is majority-owned by Hungarian peer MOL Nyrt. (MOL.BU) and has exploration activities in Syria, where internal turmoil has compelled several foreign companies to withdraw.

"INA and MOL Group do not expect to receive any revenues, neither to realize its production share from Syria, for the foreseeable future, i.e. until the termination of the 'force majeure'," MOL said in a statement.

-By Gergo Racz, Dow Jones Newswires, +361-267-0622; gergo.racz@dowjones.com