Responding to questions from the press, Linic said Croatia could not be satisfied with Hungarian oil company MOL's policy in INA because there were no investments in oil and gas research or the renovation of refineries, adding that as long as this was the case, it would be difficult to imagine that anyone could consider reducing the government's stake in INA.
No matter how much we need the money and how much selling those shares would enable us to significantly reduce our loans and debts and interest, I simply don't believe that would be possible in these years, said Linic.
Citing the Moscow Times, some Croatian media reported yesterday that Russia's Gazprom might be interested in a stake in INA if the government were to sell its shares in the company.