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CROATIAN, ITALIAN OIL COMPANIES SIGN COOPERATION AGREEMENT

ZAGREB, July 1 (Hina) - Agip, a company of the Italian Eni Group for researching and producing hydrocarbons and the Croatian oil company INA, on Tuesday signed an agreement on the research of gas in the Aiza-Laura area in Croatian territorial waters, INA's public relations office said in a statement.
ZAGREB, July 1 (Hina) - Agip, a company of the Italian Eni Group for researching and producing hydrocarbons and the Croatian oil company INA, on Tuesday signed an agreement on the research of gas in the Aiza-Laura area in Croatian territorial waters, INA's public relations office said in a statement. #L# Eni's director Guglielmo Moscato said that "the agreement is of particular interest to Eni, primarily because it makes it possible for Italy to purchase new reserves of natural gas in the close proximity of its factory and network on the Italian national territory. In the long run, it is the basis for conquering new important natural gas markets, of which Eni and INA would have great benefits in the future, Moscato said. INA's general director, Davor Stern, said that this was a new step towards a wider strategic cooperation with Eni in all fields, which would contribute to the economic development of Croatia and other countries in the region. (hina) lm mm 011923 MET jul 97

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