Industrija nafte dd - Company Profile
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Business Description
Industrija nafte dd (INA) is primarily engaged in the exploration and production of crude oil and natural gas, refining and marketing of petroleum products, and retail services.
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R&D Overview
INA is focusing its R&D initiatives on improving energy efficiency at the Rijeka Refinery and pursuing gradual decarbonization. The company is also investigating compliance options for RED III obligations, including co-processing or standalone processing of bio feedstocks, waste management, chemical recycling, and introducing different bio feedstocks through pilot or commercial test runs. Additionally, the company successfully met the 2023 Energy Efficiency Act obligations in the 2024 calendar year through various energy efficiency projects and the use of fuel additives.
Business Segments
Overview
Provides services for core activities.
Performance
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Overview
Deals with exploration, production, and sale of crude oil. Comprises operations in Croatia, Egypt, and Angola. Operates projects onshore and offshore of Croatia. Conducts offshore exploration and development through joint ventures INAgip and Edina with Eni and Edison in contract areas, North Adriatic, Aiza-Laura, and Izabela Egypt – 100% working interest East Yidma concession and is partner in four hydrocarbon concessions namely, North Bahariya, Ras Qattara East Damanhur and West Abu Gharadig concessions in the Western Desert region. Angola consists of two blocks, Block 3/05 and Block 3/05 A.
Performance
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Overview
Deals with crude oil processing, wholesale of refinery products, sale of natural gas, sale of fuels and commercial goods in retail stations, and logistics. Manages refineries in Rijeka and Sisak and lubricants plants at Zagreb in Croatia. Main refinery products include EURO V quality petrol and diesel, jet fuel, bio-component fuels, liquefied petroleum gas, special Arctic diesel, heating oil, and other products. Core markets are Croatia and Bosnia and Herzegovina, with other export markets are Slovenia, Serbia, Albania, Hungary, Italy, and the Mediterranean - Consumer Services & Retail Business operates a network of retail stations in Croatia, Bosnia and Herzegovina, Slovenia, and Montenegro.
Performance
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Geographical Segments
- Albania
- Bosnia and Herzegovina
- Egypt
- Germany
- Great Britain
- Hungary
- Italy
- Malta
- Montenegro
- Other Countries
- Republic of Croatia
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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