Croatian Industrija Nafte interested in development of Ukrainian mineral resources

Croatian Industrija Nafte interested in development of Ukrainian mineral resources

The Croatian oil company Industrija Nafte (INA) is interested in the development of Ukrainian mineral resources.

Company’s director Iosif Babnic said this during a meeting at the State Service of Geology and Mineral Resources of Ukraine, the Government portal reports.

"Our company really sees the prospects for oil and gas production in Ukraine. We intend to take part in the auctions for sale of special permits for the right to use the oil and gas reserves. We are considering the sites in Lviv region. Now our lawyers are studying Ukrainian legislation in order to choose the most convenient way for us to become a full-fledged participant in the hydrocarbon production market. Now we consider both participation in the auction in the declared areas and cooperation on the conditions of signing the production sharing agreement," Babnic said.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2020 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: