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Croatia refuses Russian gas

17 December 2010 10:05 (UTC +04:00)

Baku - APA-Economics. The Croatian national oil and gas company INA has signed a contract with Italy’s Eni for supplies of natural gas for three years after the current contract with Gazprom ends, Reuters reports, Oil and Gas Industry Latest News reported.

Deliveries are to begin on January 1, when INA’s contract with the Russian gas monopoly expires. Eni will supply Croatia with 750 million cubic meters of gas a year.

"INA is exterting efforts to stabilise the supply of gas to Croatia and has signed the best possible contract at the moment", a representative of the Croatian company said.

Croatia consumes 3 billion cubic meters of gas a year, 60 percent of which is supplied from its own gas fields..