Industry Oil and gas industry Type of business State-owned company | Website www.plinacro.hr Founded 1 February 2001 | |
Services Natural gas transmission | ||
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History
Plinacro was founded on 1 February 2001 as a subsidiary of INA. Since March 2002, Plinacro is a fully state-owned company.
Operations
Plinacro operates 2,085 kilometres (1,296 mi) of high pressure gas pipelines. On 3 March 2009, Plinacro signed an agreement with FGSZ Zrt, a subsidiary of MOL Group, to build a 294-kilometre-long (183 mi) 6.5 billion cubic metres (230 billion cubic feet) natural gas interconnector between Croatia and Hungary, which would allow two-way shipments after the Adria LNG terminal is built on the island of Krk. Plinacro is also invited to the consortium building Adria LNG terminal.
Plinacro is participating in the work of creation of the New European Transmission System, a project to unite Central and South Eastern Europe's natural gas transmission networks.
In January 2009, it was decided that Plinacro will buy the Okoli gas storage facility from INA as a result of the INA's takeover by MOL.