New economy minister talks about energy policy

Economy Minister Tomislav Panenic was the guest of a popular Croatian public television (HTV) current affairs talk show on Sunday afternoon in which he spoke about his ministry's plans and energy policy.

Speaking of the dispute between the Croatian oil company INA and Hungary's MOL, which owns nearly half of it, Panenic said that there were a lot of things which his ministry could not influence because arbitration proceedings were under way.

He accused MOL that it was not running INA according to their agreement or expectations.

"We expected that INA would not be just a distributor, but that there would also be oil exploration, production, refining, wholesale and retail," the minister said, adding that more would be known about the management of INA after the completion of the arbitration proceedings.

Asked what he would do if MOL decided to shut down one of the refineries, he said he would take legal action because that would be in violation of the agreement between the two companies.

Panenic said that hydrocarbon exploration in the Adriatic was currently on hold so that he could familiarise himself with what had been agreed. He said that all options remained open, provided that no harm was done to the environment or the tourism industry.

The minister did not rule out the possible construction of gas- or biomass-fuelled thermal power plants, saying that thermal energy had to be produced and investment in that area had to continue. He said he would know more after he got better acquainted with the situation.

Panenic said he would push for a new energy strategy that would be in line with that of the EU. He considers the present one obsolete.

Panenic thinks that a real estate tax is a good idea, but only if it will help put to use properties that are not in use now and do not contribute to economic growth. On the subject of territorial reorganisation, he said that a model of territorial reorganisation would be clearer after a public consultation.

Last update: Sun, 07/02/2016 - 19:13
Author: 

Related

No decision in INA to close Sisak Refinery

Croatia

Wednesday, October 26, 2016 - 17:08

More from Croatia

PM and county heads to identify priorities of Croatia's regions

Addressing a two-day conference on competitiveness of local self-government, held in Trakoscan, Prime Minister...

Croats bag 1 silver and 5 bronze medals at Int'l Junior Science Olympiad

Croatian students pocketed a silver medal and five bronze medals during the 13th edition of the International Junior...

Orepic says has highlighted message of Cons. Court judges' selection

Interior Minister Vlaho Orepic has said that his criticism regarding the Constitutional Court is aimed at...

Prince Charles and Dutches Camilla unveil royal Christmas card, taken in Croatia

Charles, Prince of Wales and his wife Camilla, the Duchess of Cornwall, have chosen a photograph taken on 15 March,...

Parliament, HDZ commemorate 17th anniversary of Tudjman's death

On the occasion of the 17th anniversary of the death of the first president of the Republic of Croatia and the...