MOL is the largest oil and gas company in Hungary.

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Development and operation of Baitugan field. "MOL-LUB RUSS" LLC (tax id 7705963116) - local company, increased revenue in 2022.

The Company Statement
April 11, 2023

Promised to suspend activities in Russia but сontinue shipping LNG from Russia and development and operation Baitugan oil field. Hungary extended the agreement with Russia on additional gas supply. It was also agreed that payment for the transit of Russian oil through the Druzhba pipeline from Russia to Europe via Ukraine will be made by the MOL company.

December 09, 2022MOL suspended activities in Russia, all options open for the Baitugan oil field
April 07, 2022MOLGroup: Our Businesses in Russia
April 01, 2022MOL to сontinue shipping LNG from Russia
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