BAKU, Azerbaijan, Nov.12
By Leman Zeynalova – Trend:
Hungarian MOL Group has lowered oil production from 57,200 barrels of oil equivalent per day (boe/d) in Q2 2021 to 55,100 boe/d in Q3 2021, Trend reports with reference to the company.
The company’s oil production in Q3 2020 was equal to 70,800 boe/d.
The volume of oil production in Hungary in Q3 2021 stood at 9,600 boe/d, in Croatia 10,400 boe/d, in Kurdistan region of Iraq 4,200 boe/d, in UK 12,600 boe/d, in Pakistan 600 boe/d, in Azerbaijan 15,500 boe/d, other international 2,200 boe/d.
MOL Group is a leading integrated Central & East European oil and gas corporation headquartered in Budapest, Hungary. It has operations in over 30 countries and employs 26,000 people worldwide. MOL’s exploration and production activities are supported by 80 years’ experience in the hydrocarbon field.
The Company’s share capital amounts to HUF 102,428,682,578 represented by 819,424,824 pieces registered ordinary shares of the series “A” with a par value of HUF 125 and 578 pieces registered ordinary shares of the series “C” with a par value of HUF 1,001 and one piece registered voting preference share of the series “B” with a par value of HUF 1,000 that entitles the holder thereof to preferential rights as specified in the present Articles of Association. The "B" series share is owned by the Hungarian government.
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