Hungarian oil and gas firm MOL Nyrt.'s (MOL.BU) Croatian subsidiary INA-Industrije Nafte D.D. (INA.ZG) has cut output at its Syrian operation by 1,500 barrels a day, MOL said in a stock exchange filing Wednesday.

MAIN FACTS:

- The Council of the European Union has passed decisions and has further tightened the EU's sanctions against Syria and imposed a ban on the import of Syrian oil to the EU.

- The prohibition concerns purchase, import and transport of oil and other petroleum products from Syria, as well as a ban on providing financial or insurance services for such transactions.

- INA will continue to closely monitor the developments relating to Syria and will provide the public with information on these developments.

- So far, average daily output in Syria was 7,900 barrels per day, according to MOL's website.

- MOL's shares were down 1.5% or HUF220 at HUF14,530 at 1142 GMT.

-By Budapest Bureau, Dow Jones Newswires; +36-1-267-0622; budapest@dowjones.com