Wednesday, 21 November 2018

Tender for Hydrocarbon Exploration in Dinaric Alps Announced

ZAGREB, November 21, 2018 - Minister of Environment and Energy Tomislav Ćorić called on Wednesday on all those concerned to join the discussion of the Green Book, which will be the basis of preparing an energy strategy, and announced that a call for bids for hydrocarbon exploration and exploitation in the Dinaric Alps could be expected soon.

The Green Book, which is currently under public consultation, will serve as a platform to prepare an energy strategy of Croatia until 2030 with an outlook to 2050, and I am calling on all those interested to join and make a contribution to Croatia's energy future, Ćorić said in an address to the 4th international oil conference organised by the JANAF and Transneft oil companies.

Speaking about the ministry's work over the past year, Ćorić recalled that parliament had adopted a law on hydrocarbon exploration and exploitation which opened a new chapter in the context of exploration and exploitation. He recalled a recent tender for exploration and exploitation in seven fields in the Panonian Basin.

Energy stability is a prerequisite for economic growth which is contingent on a synergy of own production, development of supply routes and good infrastructure, he underscored.

Ćorić recalled that currently Croatia imports 80% of oil and 60% of gas and that it needs to reduce the dependence on imports.

He announced that in that regard a call would soon be published for exploration and exploitation in the Dinaric Alps, adding that he believes that it will attract a lot of interest. He added that Croatia should consider whether it wanted to pursue exploration and exploitation of the Adriatic and that this required a consensus.

Asked by reporters whether the government will co-finance an LNG terminal on Krk island if there isn't sufficient interest for the terminal's capacity lease, Ćorić said that he personally believes that the LNG terminal is an exceptional strategic interest and that if necessary the state should consider co-financing it.

State Assets Minister Goran Marić underscored that the state is the largest shareholder in the Jadranski Naftovod (JANAF), crude oil transportation company, and that it supports the company's business growth, adding that its priority remains to be the reliable and supply security for Croatia and to meet all contractual obligations toward its partners.

The conference was also told about the significance of infrastructure in the oil transport system and of Janaf's role in supplying southeast Europe.

Sergey Kazanstev from the Russian state-owned Transneft oil pipeline company said that Janaf and Croatia are an important partner to Transneft and Russia.

"Janaf supplies almost all of southeast Europe, and whether refineries will operate or not depends on Janaf. I believe that we are utilising our strategic geographic position in the best possible way," Janaf's president of the management board, Dragan Kovačević said.

He underscored that Janaf had moved from oil transportation to oil storage and that it intends to transform Omišalj on the island of Krk into a hub in the Adriatic and to become the main oil trader in the Mediterranean.

The conference in Zagreb attracted about 40 oil companies from around the world as well as experts in oil and energy to discuss challenges on the energy and oil markets, a low-carbon development strategy, the EU's energy security strategy, safe transport issues, the increasing complexity of the oil business, growing competition, price volatility and maintaining profitability.

For more on oil exploration in Croatia, click here.

Saturday, 13 October 2018

Environmental Regulator’s Future in Question

ZAGREB, October 13, 2018 - The Green Forum, a network of 40 environmental protection organisations in Croatia, has appealed to Prime Minister Andrej Plenković not to abolish the Croatian Environment and Nature Agency (HAOP) as an independent body because its independence gives it a stronger position in protecting the environment and natural resources in the interests of all citizens.

Tuesday, 25 September 2018

Circular Economy Key for Environment Protection in Croatia

ZAGREB, September 25, 2018 - The Croatian government's priority is to develop a circular economy, and the Ministry of Environmental Protection and Energy is intensively working with local government units in building infrastructure for separate waste collection so that Croatia could recover at least 50 percent of waste by 2020, the ministry said on Monday.

Friday, 7 September 2018

Major Investments Coming to Water Management System

ZAGREB, September 7, 2018 - The 142nd anniversary of organised water management in Croatia and the national Waters Day were marked at a ceremony held at the Hrvatske Vode water management company on Friday.

Thursday, 19 July 2018

Croatia to Reduce Greenhouse Gas Emissions

ZAGREB, July 19, 2018 - The Croatian government on Thursday adopted final draft amendments to the Act on Transport Biofuels, which introduce the minimum target obligation of 0.1% for the use of advanced biofuels and propose the reduction of greenhouse gas emissions in the coming years, as well as the penalisation of noncompliance.

Friday, 29 June 2018

Chaos Rules in Ministries Responsible for Protecting the Sea

One ministry has defective software, while a second claims there are no reports about the illegal removal of sea urchins.

Wednesday, 16 May 2018

Gas and Electricity Prices Will Remain Stable, Says Minister

ZAGREB, May 16, 2018 - Gas and electricity prices will remain stable this year, but the state cannot influence the rising price of oil, Minister of Environment Protection and Energy Tomislav Ćorić told an energy summit on Wednesday.

Sunday, 22 April 2018

Croatia Marks Earth Day

ZAGREB, April 22, 2018 - The world marks April 22 as the Earth Day to motivate people to join the process of protecting our planet's natural resources and Earth Day 2018 is dedicated to providing the information and inspiration needed to fundamentally change human attitude and behaviour about plastics.

Friday, 20 April 2018

Minister Displeased with INA’s Plans to Shut Down Sisak Refinery

ZAGREB, April 20, 2018 - The statement by the new CEO of the INA oil company, Sandor Fasimon, about the possible closure of hundreds of jobs at the Sisak oil refinery has unnecessarily "contaminated" the entire process surrounding INA, Environmental Protection and Energy Minister Tomislav Ćorić said on Friday, adding that one of the strategic goals of the Croatian government is to maintain the high level of employment in Sisak-Moslavina County.

Saturday, 31 March 2018

Minister: Citizens Will Not Be Billed for Polluted Water!

ZAGREB, March 31, 2018 - Environmental Protection and Energy Minister Tomislav Ćorić said on Saturday that the Hrvatska Vode water utility would start connecting the Slavonski Brod and Sikirevci water supply systems as of Tuesday and that the people of Slavonski Brod would have lower water bills.

Page 4 of 6