The Kazakh oil and gas sector remains the most attractive area for Hungarian investment, the Ambassador of Hungary to Kazakhstan Andras Baranyi said.

Over ten years, Hungary’s oil and gas company MOL invested about $200 million in geological survey in Kazakhstan. These investments are MOL’s both largest and most productive foreign investments.

In cooperation with a KazMunaiGas subsidiary and China’s oil company, Hungarian MOL will soon be completing a geological survey at the north-west of...

This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now