Fitch: MOL Hungarian view negative

Fitch Ratings said it revised the outlook on MOL Hungarian Oil and Gas Co. plc's long-term issuer default rating to negative from stable and affirmed the issuer default rating at BBB-.

Fitch said the outlook revision reflects growing pressures on the company's operations on a number of fronts, and the limited headroom under Fitch's forecasts for the group to take action - such as acquisitions - to rapidly boost upstream production.

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