MOL Croatian Arm INA Operations Not Affected By EU Syria Ban
06 September 2011 - 7:13PM
Dow Jones News
The European Union's sanctions against Syria don't pose an
immediate obstacle to the petroleum operations of Croatian refiner
INA-Industrije Nafte D.D. (INA.ZG), managed by Hungarian oil and
gas firm MOL Nyrt. (MOL.BU).
INA has an active upstream business in Syria, as well as in
other countries.
INA is monitoring the situation in Syria and will inform the
public about developments, it said Tuesday in a release.
The European Council decided Friday to further tighten the EU's
sanctions against Syria, and imposed a ban on Syrian oil imports to
the EU.
-By Veronika Gulyas, Dow Jones Newswires; +361-267-0623;
veronika.gulyas@dowjones.com
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