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MGYOY Mol Magyar Olay Es Gazipari Rt (PK)

3.828
0.068 (1.81%)
08 Aug 2024 - Closed
Delayed by 15 minutes
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
  0.068 1.81% 3.828 3.75 3.93 3.93 3.75 3.82 20,875 20:59:33

MOL Reduces Syrian Crude Oil Production By 1,500 B/D

28/09/2011 1:22pm

Dow Jones News


Mol Magyar Olay Es Gazip... (PK) (USOTC:MGYOY)
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Hungarian oil and gas firm MOL Nyrt.'s (MOL.BU) Croatian subsidiary INA-Industrije Nafte D.D. (INA.ZG) has cut output at its Syrian operation by 1,500 barrels a day, MOL said in a stock exchange filing Wednesday.

MAIN FACTS:

- The Council of the European Union has passed decisions and has further tightened the EU's sanctions against Syria and imposed a ban on the import of Syrian oil to the EU.

- The prohibition concerns purchase, import and transport of oil and other petroleum products from Syria, as well as a ban on providing financial or insurance services for such transactions.

- INA will continue to closely monitor the developments relating to Syria and will provide the public with information on these developments.

- So far, average daily output in Syria was 7,900 barrels per day, according to MOL's website.

- MOL's shares were down 1.5% or HUF220 at HUF14,530 at 1142 GMT.

-By Budapest Bureau, Dow Jones Newswires; +36-1-267-0622; budapest@dowjones.com

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