These figures were presented in Zagreb on Friday by Mirko Zelic, a member of the INA management board and executive director for oil and gas research and production.
He said three key projects would be implemented over the next three years, the Northern Adriatic, a project in Syria, and modernisation of two refineries, which would enable INA to invest in the long term and with its strategic partner in Hungary, MOL, become a key factor in the oil economy in the wider region.
Apart from activities in Egypt, Angola and Syria, Naftaplin plans to expand business in Namibia, Kazakhstan, Libya and Qatar, said Zelic.
INA Supervisory Board chairman Ivan Suker said a contract would soon be signed with a financial advisor for the second stage of the company's privatisation, which will cover 15% of shares.
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