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Govt takes firm stand behind MOL amid INA tensions

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

The statement was issued amid reports of tension between the Hungarian and Croatian members of MOL's Croatian unit INA.

MOL holds a little less than 50% of INA, slightly more than the stake held by the Croatian government.

At a conference on Tuesday, Prime Minister Viktor Orbán said MOL continued to be treated in an undignified manner in Croatia and warned of the potential political impact of such a business dispute.

The state of Hungary holds 24.6% of MOL.