Hungarian oil and gas company MOL Nyrt. (MOL.BU) Monday said it's 47.3% asset, Croatian INA-Industrija nafte d.d. (INA.ZG) is owed one month payment from its exploration operation in Syria.

MAIN FACTS:

-Restrictions imposed by the European Union against Syria meant the payment from the Middle Eastern country did not arrived at the end of October.

-At present the company said it has no details about future payments.

-It adds that the EU measures have the potential to adversely affect its Syrian operation in the future.

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

-INA issued the statement responding to reports that energy firms active in Syria are having difficulty receiving payments from the country.

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

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