Croatia and Mol Nyrt. need to reach an agreement on managing Zagreb-based refiner INA Industrija Nafte d.d. to help make the regional energy industry more secure, a U.S. official said.
Croatia will seek talks with Mol Nyrt. to review 2003 and 2009 agreements that gave the Hungarian refiner control rights over INA Industrija Nafte d.d.
Croatia will await the results of an investigation into trading in INA Industrija Nafte d.d . stock before enforcing laws to limit private ownership in the oil and gas company, Prime Minister Jadranka Kosor said.
Hungarian refiner Mol Nyrt. is seeking “accelerated talks” on the management of its Croatian subsidiary INA Industrija Nafte d.d. in a sign that a feud with the Balkan state’s government is abating.