The European Investment Bank (EIB), which signed 250 million euros worth loan with the Croatian Bank for Reconstruction and Development (HBOR), is preparing to finance a major project in Croatia – the construction of LNG terminal and related gas pipelines on Krk island. EIB’s interest rates can be as high as 0.5 % and the […]
According to the announcement by Canadian-based oil company Bankers Petroleum, it has started to temporarily shut-in its production on 3 June in Albania due to business interruption at the Petrolifera Italo Albanese (PIA) Terminal port facility near Vlore. The suspension of this export facility was due to the crude oil leak which occurred on 22 […]
The company which operates the oil terminal in Constanta port, OIl Terminal has recorded net profit in the amount of 1.58 million euros in the first quarter of 2016, which is 8.5 % more compared to the same period last year when it amounted to 1.45 million euros. In this year’s first quarter, the company’s […]