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Hungarian gov't says MOL must preserve its contractual rights

Autor: half
BUDAPEST, Oct 10 (Hina) - The Hungarian government considers issues related to MOL "matters of extraordinary importance" and believes the oil and gas company must preserve its contractual rights, the government spokesman's office said in a statement on Wednesday, the MTI news agency reported.

"The government takes the firm stand that MOL must preserve all rights -- for example management rights -- originating from its contracts," the statement said.

At a conference on Tuesday, Hungarian Prime Minister Viktor Orban said MOL continued to be treated in an undignified manner in Croatia and warned of the potential political impact of such a business dispute, MTI said, adding that today's statement was issued amid reports of tension between the Hungarian and Croatian members in the Croatian oil company INA whose two biggest stockholders are MOL and the Croatian government.

(Hina) ha

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