Tag: INA

Hungary suggests direct negotiations in case of INA dispute – Croatia, 20 May 2016

Hungarian Minister of Foreign Affairs Peter Szijjarto said that he has reached an agreement with the Croatian Deputy Prime Minister Tomislav Karamarko and Minister of Foreign Affairs Miro Kovac that the dispute between INA and MOL on the managerial rights in INA and all other issues should be resolved by direct negotiations, but not through […]

Onshore hydrocarbons concession contracts are still not signed – Croatia, 16 May 2016

Concession contracts for oil and gas exploration on six onshore blocks have not yet been signed, even though the new Croatian Government previously announced that they will be signed soon. The contracts in question are to be signed with the companies that were selected on the public tender in 2014, which former Government refused to […]

MOL will not give up managerial rights in INA – Croatia, 6 May 2016

CEO of Croatian oil company INA Zoltan Aldott said in an interview that MOL will not give up managerial rights in the company. Commercial company, such as MOL, has no reason to hold a stake in other company as a partner that can not affect business decisions. Aldott stressed that the key question in this […]