Limun.hr - Hungary’s MOL Q1 Revenue from Serbian, Bosnian Natural Gas Transit Up 29% Y/Y

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Hungary’s MOL Q1 Revenue from Serbian, Bosnian Natural Gas Transit Up 29% Y/Y

15.5.2012 17:52:00 | Author/Source www.seenews.com

Hungarian oil and gas company MOL said on Tuesday revenue from Serbian and Bosnian natural gas transit rose by 29% on the year to 7.4 billion Hungarian forints ($33 million/25 million euro) in the first quarter of 2012.

A hike in gas prices and a favourable foreign exchange rate had a positive impact on revenue from transit transmission on those markets, MOL said in a statement posted on its website...

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