RT News

Monday, June 20, 2011

Fire hits Sisak refinery in central Croatia

20 Jun 2011 09:59

Source: reuters // Reuters

ZAGREB, June 20 (Reuters) - A fire broke out at an oil refinery in the central town of Croatian town of Sisak on Monday, state television reported.

"Firefighters are trying to extinguish the fire. The smoke has gone some 200 metres into the air," the report said. The 60,000 barrel-a-day refinery is owned by the INA oil and gas group.

The company's biggest shareholder is Hungary's MOL which owns 47.46 percent. The Croatian government owns 44.84 percent.

INA is one of the biggest Croatian companies with upstream and downstream segments. It is active in gas and oil exploration at home, in Africa and the Middle East.

It has two refineries, one in the central town of Sisak and another in the northern Adriatic city of Rijeka.

A similar fire hit the Sisak refinery in early 2010.

Both refineries are undergoing modernisation work to be able to produce products for European Union markets. Croatia is on the verge of completing EU entry talks could join the block in mid-2013. (Reporting by Igor Ilic; Editing by Jon Boyle)

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