Europe / Caspian / CIS

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Summary | Profile

Country profile: Croatia

Location: Southeastern Europe, bordering the Adriatic Sea, between Bosnia and Herzegovina and Slovenia
Climate: Mediterranean and continental; continental climate predominant with hot summers and cold winters; mild winters, dry summers along coast
Terrain: geographically diverse; flat plains along Hungarian border, low mountains and highlands near Adriatic coastline and islands
Size: 56542 sq. km total (Land area: 56414 sq. km  Water area: 128
Population: 4,491,543 (July 2008 est.)
Languages: Croatian 96.1%, Serbian 1%, other and undesignated 2.9% (including Italian, Hungarian, Czech, Slovak, and German) (2001 census)
Government: presidential/parliamentary democracy
Capital city: Zagreb
Legal system: based on Austro-Hungarian law system with Communist law influences; has not accepted compulsory ICJ jurisdiction
Currency: kuna (HRK)

Country profile

The countries of the Balkans region are neither major energy producers nor consumers. Although the region does hold some important fossil fuel deposits, these resources are not significant on a world scale, and the political and economic instability in the Balkans in recent years has discouraged any substantial foreign investment in the respective countries' energy sectors.

Rather, the region is becoming more important as a transit center for Russian and Caspian Sea region oil exports to Western consumers. The region's leading transit projects are listed below.

Energy production and consumption

Oil Gas
Production: 27,190 bbl/day (2005 est.) 1 billion cu m (2005 est.)
Consumption: 99,000 bbl/day (2005 est.) 2 billion cu m (2005 est.)
Exports: 40,930 bbl/day (2004 est.)  
Imports: 109,800 bbl/day (2004 est.) 1 billion cu m (2005 est.)
Reserves: 69 million bbl (1 January 2006 est.) 27 billion cu m (1 January 2006 est.)
Major fields:

Croatia - recent news

20 Mar 23
Croatia: Halliburton supports four offshore wells for INA Croatia
Halliburton Europe recently provided offshore wireline services for Croatian INA Group company in the Adriatic Sea. The Wireline team completed logging operations on four wells.
07 Nov 18
Croatia launches second onshore licensing round
Croatia has announced the launch of the country’s second onshore licence round. Seven blocks will be available in the licence round, all located in Croatia’s prolific Pannonian basin that has produced over 1.1 billion boe, of which the majority is oil and condensate. Most of the blocks contain undeveloped oil or gas discoveries.
20 Jun 18
Croatia: INA to acquire Eni's upstream assets in Croatia
Eni and INA-INDUSTRIJA NAFTE have signed an agreement to enable INA to acquire 100% of Eni Croatia, that currently produces about 2.5 thousand barrels of oil equivalent per day.

Croatia - more news

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