Surgut: No Talks With MOL, Hungary Government Before, After Stock Buy
April 01 2009 - 9:16AM
Dow Jones News
Russian oil firm OAO Surgutneftegaz (SNGS.RS), which purchased a
stake in Hungarian oil and gas company MOL Nyrt. (MOL.BU) earlier
this week, has had no talks with neither MOL nor the Hungarian
government prior to or after the acquisition, the company said
Wednesday.
"So far there's only been talks with the seller's side," a
Surgutneftegaz spokeswoman said.
Russia's fourth-largest oil producer said Monday it had acquired
a 21.2% stake in MOL for EUR1.4 billion.
MOL's Chairman and Chief Executive Zsolt Hernadi responded
Wednesday by saying he considers the purchase unfriendly.
Company Web site: www.surgutneftegaz.rs
-By Jacob Gronholt-Pedersen, Dow Jones Newswires; +7 495 937
8445; jacob.pedersen@dowjones.com