CROATIAN, BOSNIAN OIL COMPANIES SIGN AGREEMENTS

ZAGREB, June 14 (Hina) - Managing directors of the Croatian INA oil company and "Energoinvest" from Sarajevo, Bosnia-Herzegovina, Andrija Kojakovic and Edib Bukvic respectively, signed three contracts in Zagreb on Friday, the Annual Contract on the Purchase of Petroleum Products by "Energoinvest", the Contract on Storage Space Renting at the Ploce Port Cargo Terminal and the Global Contract on Business Cooperation. These contracts are the conclusion to lengthy negotiations and the continuation of a long and fruitful cooperation between the two companies. The first contract is estimated to be $50-60 million worth. The third contract stipulates the delivery of goods which are being produced in Bosnia-Herzegovina again, particularly, according to Kojakovic, the production of spark plugs and automobile frames used by INA in experimental work. The second contract stipulates that the two companies will use the cargo terminal in the south Croatian port of Ploce for current oil cargo. (hina) ha jn 141719 MET jun 96