MOL launches website on INA-related issues

Budapest, April 14 (MTI) – Hungarian oil and gas company MOL has launched an English-language website on issues related to the company’s investments in Croatian peer INA, including a framework agreement on gas supplies and negotiations with the Croatian government, MOL said in a statement on Monday.

“As an international publicly traded company, it is MOL’s duty to be fully transparent with our stakeholders. With this in mind, and to convey MOL’s perspective on the INA-related issues that have generated considerable media attention to date, we have launched this dedicated web page www.molincroatia.com,” vice president corporate communications Dominic Kofner and vice president business strategy and regulatory and public affairs Marcus Lippold said in an introduction posted on the website.

MOL is one of the largest foreign investors in Croatia, the statement said. “We have played an active role in INA’s development since 2003, saved it from bankruptcy and invested over 1.4 billion euros. This investment has significantly benefited Croatia’s economy and enhanced its energy security,” they added.