Europe: Gas prices slide...

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices...

Region: Heatwave drives SEE...

In Week 30 of 2025, electricity market prices rose significantly across most Southeast...

Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...
Supported byClarion Energy
HomeSEE Energy NewsCroatia, The temporary...

Croatia, The temporary halt of the operation of its oil refinery in Rijeka will last until April 2023

Croatian oil company INA announced that the temporary halt of the operation of its oil refinery in Rijeka, due to its modernization, will last until April 2023.

Currently, 69 % of the project is completed, while the works on modernization are 48 % completed. During the downtime, the modernization of the sulfur recovery units and hydrocracking units will be performed.

The winter period was chosen because the demand for fuels is significantly lower than in the summer, when it is not desirable for the security of supply to depend entirely on imports. After the completion of the works on hydrocracking and sulfur recovery units, their commissioning will follow, which is planned for April 2023.

Considering that the operation of the refinery will be suspended for several months, INA planned all activities related to market supply carefully in advance and took care of supplying the market with petroleum products by sea. To date, the company has managed to finish contracting all the necessary quantities of petroleum products in order to cover the period until April 2023, and the first quantities of fuel have already been delivered to INA’s logistics centers on the coast. The management said that five months is the shortest period in which the planned works can be carried out.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Gas prices slide in Week 30 amid strong supply, cooling demand

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices falling below €34/MWh — the lowest level recorded since April 29, 2025. This decrease was mainly driven by steady Norwegian gas supplies and continued progress in...

Region: Heatwave drives SEE electricity prices to summer highs in Week 30 of 2025

In Week 30 of 2025, electricity market prices rose significantly across most Southeast European (SEE) countries compared to the previous week. All markets recorded weekly average prices above €100/MWh, with the exception of Türkiye. This marked the highest price...

Romania: INVL Renewable Energy Fund I secures €29.3 million loan for 71 MW solar project

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on renewable energy projects, has obtained a €29.3 million loan from Kommunalkredit Austria to finance the construction of a 71 MW solar power plant in Dolj County,...
Supported byVirtu Energy
error: Content is protected !!