Companies eye strategic partnership with Bosnian oil firm

Nov 12, 2004 01:00 AM

Hungarian oil and gas company MOL, Croatia's INA, in which MOL owns a 25 % stake, Austria's OMV, Slovenia's Petrol and a Turkish company are reported in Bosnia and Herzegovina to be interested in forming a strategic partnership with Bosnia-Herzegovina's largest oil company Energopetrol.
The government of Bosnia and Herzegovina said in Oct. that it was looking for other companies in the industry to invest in Energopetrol.

OMV's Slovenian subsidiary, OMV Adriatik, as well as Petrol representatives have already met officials of the Bosnian government to discuss the matter.

Source: New World Publishing
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