Panenic

Minister disgruntled over transfer of oil to Rijeka refinery

Panenic said consultations would urgently be held with the Croatian members of the INA's supervisory and management boards to determine how the decision on the transfer was made and by whom. "We will also ask for an official explanation from MOL."

Panenic: Without agreement between gov't and MOL, decisions on Sisak refinery are inappropriate

Economy Minister Tomislav Panenic said on Thursday that without a final agreement between the two largest shareholders in the INA oil company -- the Croatian government and Hungary's MOL -- it was inappropriate to make decisions such as one on sending crude oil from the Sisak refinery to Rijeka for refining, which may mean that the Sisak plant will be closed down.