29/04/2005

MOL has new partners in the ZMB project

MOL Hungarian Oil and Gas Rt. (MOL) announces today that it has new partners in the ZMB joint venture: Aleria Management, Inc., Clermon Systems, Inc., Bremon Solutions, Ltd. and SW Solution, Inc. The former partner, OAO NK Yukos has exited fully from OOO ZMB. OAO RussNeft has declared its intention to purchase the above mentioned interest in OOO ZMB from the new partners of MOL in the near future. Russneft is a fully integrated Russian oil company with annual crude production in excess of 12 mtpa, primarily in Western Siberia.