CONFIRMED FROM ORBAN’S CABINET: MOL is negotiating the purchase of the Russian stake in NIS!

Talks are underway about the possibility of the Hungarian oil and gas company MOL buying a stake in the Serbian NIS, Gergely Gulyás, the chief of staff of Hungarian Prime Minister Viktor Orbán, said today.

He stated that if an agreement is reached, the transaction would be a “normal market operation,” but he emphasized that the talks are in an early phase, Reuters reports.

He added that it is in NIS’s interest for Russian ownership to end and that one of the options is a larger role for Hungarian MOL.

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó announced yesterday in Belgrade, after a meeting with Minister of Mining and Energy Dubravka Đedović Handanović, that the MOL company will increase oil exports to Serbia by 2.5 times and said that Hungary will use all available means to help our country in oil supply, the media reported.

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Source: Tanjug, Photo: Naftna Industrija Srbije