ZAGREB, Oct 29 (Hina) - The Croatian oil company INA and Russian oil company "Varieganneftaz" (VNG) will in the next two years reconstruct 150 oil wells near the Russian town of Raduzhny. The job contract had been assessed to be
worth around 22 million US dollars, INA said in a statement on Tuesday.
ZAGREB, Oct 29 (Hina) - The Croatian oil company INA and Russian
oil company "Varieganneftaz" (VNG) will in the next two years
reconstruct 150 oil wells near the Russian town of Raduzhny.
The job contract had been assessed to be worth around 22
million US dollars, INA said in a statement on Tuesday. #L#
The contract envisages two phases. The first which is expected
to be completed by the end of this year includes engineering,
consulting, designing and work supervision services, from which INA
expects a return of some 2 million US dollars.
The main part of the job is to be realized in the first half
of 1997.
(hina) lm mm
291051 MET oct 96