INA wants to buy FBiH’s share in Energopetrol – Bosnia and Herzegovina, 14 July 2016

Croatian oil company INA wants to become full owner of the Bosnian oil company Energopetrol, in which it currently owns 67 % stake, and has sent a letter to the Government of the Federation of Bosnia and Herzegovina (FBiH) in which it informed the Government on its intent to purchase FBiH’s share in Energopetrol.
Unnamed source from the Government has confirmed that it has received INA’s letter regarding the purchase of Energopetrol, in which it holds 22 % stake. The source confirmed that INA intends to become 100 % owner of the company, but the Government is still undecided regarding the sale of its share, stating that the sale must be fully transparent and the shares should be sold at open market.

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