MOL has new partner in the ZMB project

MOL Hungarian Oil and Gas Rt. (MOL) announces today that it has a new partner in the ZMB joint venture: OAO RussNeft. The former partners exited fully from OOO ZMB. RussNeft has obtained the approval of the Federal Antimonopoly Service of the Russian Federation for the acquisition of the 50% interest. RussNeft is a fully integrated Russian oil company with annual crude production in excess of 14 mtpa, primarily in Western Siberia. All contractual conditions in the Joint Venture remained unchanged.