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Article: Iraq: MOL to finance Kurdistan project with own shares.

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TendersInfo
Article date:
September 10, 2009
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Byline: manish03

Hungarian oil group MOL will at least partially finance its 2009 part in a natural gas project in Iraq's Kurdistan with its shares, the company said on Thursday. "Depending on the share price developments on the stock market MOL, will choose between share and cash financing," it said on the Budapest Stock Exchange's www.bse.hu homepage.

UAE's Crescent Petroleum and its affiliate Dana Gas formed a consortium with MOL and Austria's OMV in May to pump gas in Kurdistan to ...

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