Iran and Croatia entered talks over expansion of mutual ties in the oil and gas industry, according to Tehran's Deputy Oil Minister for International Affairs, Amir Hossein Zamaninia.
The Croatian government has awarded two firms contracts for four onshore oil and gas exploration blocks in the country’s northern and eastern zones for a total investment of $75m.
Croatia intends to complete the construction of a floating LNG terminal in the northern Adriatic Sea by 2018, and the initial capacity would be about 2bcm of gas annually, according to the Economy Minister.
Tomislav Salopek, a Croatian man employed by French petroleum geosciences firm CGC has reportedly been beheaded by ISIS-affiliated militants in Egypt’s Sinai peninsula, the Independent reported.
When Croatia announced in 2013 it would set a tender to explore for oil and gas in its pristine Adriatic waters, the government evoked the hydrocarbon riches of Norway to win over the plan's many detractors.