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INA, AGIP TO EXTRACT GAS FROM NORTHERN ADRIATIC

ZAGREB, Feb 27 (Hina) - The General Director of the Croatian oil company INA, Andrija Kojakovic and the General Director of the Italian petrol company AGIP, Guglielmo Moscato, signed an Agreement on joint extraction of natural gas in the northern Adriatic in Zagreb on Tuesday. The signing ceremony was attended by the Croatian Premier Zlatko Matesa and the Italian Ambassador in Croatia, Paolo Pensa.
ZAGREB, Feb 27 (Hina) - The General Director of the Croatian oil company INA, Andrija Kojakovic and the General Director of the Italian petrol company AGIP, Guglielmo Moscato, signed an Agreement on joint extraction of natural gas in the northern Adriatic in Zagreb on Tuesday. The signing ceremony was attended by the Croatian Premier Zlatko Matesa and the Italian Ambassador in Croatia, Paolo Pensa. #L# "This is a good example of cooperation between Croatia and Italy and proof of good political and economic relations as well as of our wish that natural resources in the sea, which we share, be used to the benefit of both countries", Matesa said. The agreement between INA and AGIP, which was worth 320 million dollars, meant INA's entry into a new investment cycle, INA General Director Andrija Kojakovic said. It is planned that the joint production of natural gas will last 33 years. (hina) rm 271807 MET feb 96

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