MOL CEO: Oil Production In Kazakhstan Could Start In 2015 - Agency
May 03 2012 - 12:06PM
Dow Jones News
Hungarian oil and gas firm MOL Nyrt. (MOL.BU) may start oil
production in Kazakhstan in 2015, the Chief Executive Zsolt Hernadi
told Hungarian state news agency MTI in Astana, Kazakhstan,
Thursday.
MOL has invested $100 million so far in Kazakhstan and needs to
invest around $250 more to be able to start production of a
resource that amounts to approximately 200 million barrel of oil
equivalent, mostly found last year.
MOL owns 27.5% of a local project and is the leader of the
research there.
-By Veronika Gulyas, Dow Jones Newswires; +361-267-0623;
veronika.gulyas@dowjones.com
Mol Magyar Olay Es Gazip... (PK) (USOTC:MGYOY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Mol Magyar Olay Es Gazip... (PK) (USOTC:MGYOY)
Historical Stock Chart
From Jul 2023 to Jul 2024