Economics
Hungarian oil firm seeks to double $1bn investment in Kurdistan
Zsolt Hernádi, the president of the Hungarian oil and gas firm Mol, praised his meeting with Kurdistan region President Masoud Barzani, said since 2007 Mol had invested around $1bn in its Kurdistan operations and would seek to double that amount. “We had a very, very fruitful meeting with President Barzani and his delegation,” Hernádi told. “We have touched the important and very, very relevant issue, how to develop further our presence in Kurdistan, agreeing to our plans, more than $1bn will be invested again.” (Rudaw)
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