Croatia's INA, Petrokemija Sign Gas Supply Deal

Wednesday, 08 March 2017

Croatia's local oil and gas company INA [ZSE:INA-R-A] said on Wednesday it has signed a gas supply agreement for 2017/2018 with local fertilizer maker Petrokemija [ZSE:PTKM-R-A].

Between October 1 this year and October 1, 2018, INA will deliver 317 million cubic metres of gas to Petrokemija, it said in a filing with the Ljubljana bourse.

In a separate bourse filing, Petrokemija said it has also concluded a gas supply deal with Prvo Plinarsko Drustvo (PPD), and secured enough gas quantities to ensure stable production in 2017/2018.

Kutina-based Petrokemija employs 1,595 and has an annual output of around 1.2 million tonnes.

(SeeNews)

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