Croatia To Issue Licenses for Exploration of Oil and Gas

People ♦ Published: July 2, 2013; 16:11 ♦ (Vindobona)

Croatia plans to issue lucrative concession for the production of oil and gas from 2014 on.

Croatia To Issue Licenses for Exploration of Oil and Gas / Picture: © Vindobona.org

According to Croatian Minister of Economy Ivan Vrdoljak, the government in Zagreb will designate possible oil and gas fields both in the Adriadic Sea and onshore until the beginning of next year.

Earlier reports said the new EU member country was hoping to attract major energy enterprises from foreign countries. So far, there have not been any activities of producing oil or gas…