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Croatia's oil company INA interested in drilling Montenegrin sea bed

ZAGREB, Feb 25(Hina) - The Croatian oil company INA is interested in bidding for a concession for drilling in the Montenegrin sea bed, CEO Tomislav Dragicevic said on Thursday after meeting the Montenegrin Minister for Economic Development, Branimir Gvozdenovic.
ZAGREB, Feb 25(Hina) - The Croatian oil company INA is interested in bidding for a concession for drilling in the Montenegrin sea bed, CEO Tomislav Dragicevic said on Thursday after meeting the Montenegrin Minister for Economic Development, Branimir Gvozdenovic.

The two officials spoke about possibilities of cooperation, highlighting the concession bid.

Dragicevic said INA resumed its operations in Montenegro in 2001 and that it would work on developing the retail network and tapping the market.

Gvozdenovic said he was satisfied with the cooperation with INA so far and that there was considerable room to cooperate further to mutual benefit.

The two officials also discussed the privatisation of Montenegro Bonus, a Montenegrin company dealing in oil and oil products.

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