INA and MOL Group Hold Constructive Talks with Syrian SPC on Resuming Operations in Syria

Representatives of INA and MOL Group held three-day meetings with a delegation from Syrian Petroleum Company (SPC) to discuss reactivating INA’s oil and gas operations in Syria.
A joint technical team has been established to assess operational, technical, commercial, and regulatory conditions for INA’s return to Syria.
The SPC delegation visited MOL’s headquarters in Budapest, INA’s in Zagreb, and the LNG terminal on Krk island.
By 2011, INA’s production in Syria reached 37,300 barrels of oil equivalent per day, with investments of approximately $1.1 billion.
Both sides emphasized mutual interest in a sustainable model for resuming activities.