CEO of Russian oil company Rosneft Igor Sechin said that the company is interested in the purchase of shares of Croatian national oil company INA, currently majority owned by Hungarian MOL.
Sechin said in an interview to Croatian newspapers that Rosneft is interested in investing in the region and is considering entering INA’s ownership structure. He stressed that, if Rosneft were to enter INA, it would modernize its facilities, which is the main stumbling stone in talks between MOL and the Croatian Government, which accused the Hungarian company of constantly delaying planned investments in modernization of INA’s refining facilities in Rijeka and Sisak.
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Tags: acquisition, Croatia, gas, INA, Mol, oil, Rosneft, Russia