VOL. XLIV
No. 19
7-May-2001
KUWAIT
Kuwait Plans To Take 12% Share InCroatia Pipeline Company As Debt Compensation
Kuwait and Croatia have agreed inprinciple that the former should acquire a 12% stake in Jadranski Naftovod(Janaf), the company that operates the 480,000 b/d Adriatic (Adria) oilpipeline connecting the Omisalji terminal on Krk island in the Adriatic withcentral Europe. The acquisition of the share would be by way of compensationfor a $12mn debt owed to Kuwait by Croatia for economic...
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