Hungary's MOL buys stake in Pakistani block
Hungarian oil and gas group MOL said it had signed a deal with Pakistan's Mari Gas Company Limited to buy a 40% stake in the Karak exploration block in Pakistan.
“This partnership allows us to diversify our exploration portfolio and further extend MOL's presence in one of our main target countries, Pakistan,” Zoltán Áldott, Executive Vice-President of MOL's Exploration and Production Division said in a statement. (Reuters)
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