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Hungary's MOL Offered $277 Million Loan for Gas Storage Project
GALWAY, IRELAND--June 25, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--The European Bank for Reconstruction and Development (EBRD) (London, United Kingdom), an international financial institution that primarily invests in private sector projects across 30 countries in Europe and Central Asia, has agreed to provide a $277 million loan to Hungary's MOL Magyar Olaj-es Gazipari NyRt (BDP:MOL) (Budapest) for the development of a natural-gas storage facility. MOL is an integrated oil and gas company engaged in the exploration, refining, production and distribution of petrochemicals.
Other companies featured: OMV Aktiengesellschaft (OTC:OMVKY) (Vienna, Austria), RWE AG (OTC:RWEOY), UniCredit SpA (BIT:UCG)
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Industry Segment: Terminals
Word Count: 625 Words
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