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Business

Croatia pipeline woe

Published: 04 Nov 2012 - 07:52 am | Last Updated: 06 Feb 2022 - 08:50 pm

 
ZAGREB: Croatian President Ivo Josipovic yesterday voiced regret that Gazprom’s South Stream pipeline, an investment worth several hundred million euros, would not pass through his country but Hungary instead.
“It is bad news,” Josipovic told HRT national television. He blamed Croatia’s lack of “energy policy” and failure to “plan for the future” on energy issues.
“I hope that it will push us to start thinking strategically,” Josipovic added. Josipovic also said that the decision not to include Croatia in the South Stream pipeline could possibly be traced back to Zagreb’s mistrust of Russian investors in the past.
AFP