The Petroleum Fiscal Regime and Oil Company Status

<div>In the foreseeable future the Republic of Croatia will be included</div><div>in lhe market economy as a consequence of recent widespread social</div><div>changes. The oil industry will also be affected by these changes,</div><div>inevitably becoming a p...

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Main Authors: Boro Vlašić, Hrvoje Lipovac
Format: Article
Language:English
Published: Croatian Geological Survey 2010-11-01
Series:Geologia Croatica
Subjects:
Online Access:http://www.geologia-croatica.hr/ojs/index.php/GC/article/view/351
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author Boro Vlašić
Hrvoje Lipovac
author_facet Boro Vlašić
Hrvoje Lipovac
author_sort Boro Vlašić
collection DOAJ
description <div>In the foreseeable future the Republic of Croatia will be included</div><div>in lhe market economy as a consequence of recent widespread social</div><div>changes. The oil industry will also be affected by these changes,</div><div>inevitably becoming a part of the wider markel, and it will have to</div><div>adjust its business practice accordingly.</div><div>To facilitate the inevitable transition of INA into a modern and</div><div>profitable company, capable of survival in the market, it is necessary</div><div>to create favourable business environments for possible economic</div><div>growth and development. As a first step towards this goal it is necessary</div><div>for the state of Croatia to adjust its legal system to be compatible</div><div>with those prevailing in the market economy.</div><div>There are several different legal approaches in world practice&nbsp;specific for a particular country, and one has to take them into consideration&nbsp;while creating legal relations in the oil industry in Croatia.</div><div>Here it comparison is made between the present legal status in Croatia</div><div>and some of the others abroad. An optimal solution is proposed from</div><div>the viewpoi nt of the company dealing with the oil industry.</div>
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spelling doaj.art-3695d176472e4ea0ba5b177c025a69772022-12-21T23:42:19ZengCroatian Geological SurveyGeologia Croatica1330-030X1333-48752010-11-0149218318710.4154/GC.1996.09255The Petroleum Fiscal Regime and Oil Company StatusBoro Vlašić0Hrvoje Lipovac1INA - Industrija nafte d. d.INA - Industrija nafte d. d.<div>In the foreseeable future the Republic of Croatia will be included</div><div>in lhe market economy as a consequence of recent widespread social</div><div>changes. The oil industry will also be affected by these changes,</div><div>inevitably becoming a part of the wider markel, and it will have to</div><div>adjust its business practice accordingly.</div><div>To facilitate the inevitable transition of INA into a modern and</div><div>profitable company, capable of survival in the market, it is necessary</div><div>to create favourable business environments for possible economic</div><div>growth and development. As a first step towards this goal it is necessary</div><div>for the state of Croatia to adjust its legal system to be compatible</div><div>with those prevailing in the market economy.</div><div>There are several different legal approaches in world practice&nbsp;specific for a particular country, and one has to take them into consideration&nbsp;while creating legal relations in the oil industry in Croatia.</div><div>Here it comparison is made between the present legal status in Croatia</div><div>and some of the others abroad. An optimal solution is proposed from</div><div>the viewpoi nt of the company dealing with the oil industry.</div>http://www.geologia-croatica.hr/ojs/index.php/GC/article/view/351TransitionExploration contractState legislatureFiscal termsLicence
spellingShingle Boro Vlašić
Hrvoje Lipovac
The Petroleum Fiscal Regime and Oil Company Status
Geologia Croatica
Transition
Exploration contract
State legislature
Fiscal terms
Licence
title The Petroleum Fiscal Regime and Oil Company Status
title_full The Petroleum Fiscal Regime and Oil Company Status
title_fullStr The Petroleum Fiscal Regime and Oil Company Status
title_full_unstemmed The Petroleum Fiscal Regime and Oil Company Status
title_short The Petroleum Fiscal Regime and Oil Company Status
title_sort petroleum fiscal regime and oil company status
topic Transition
Exploration contract
State legislature
Fiscal terms
Licence
url http://www.geologia-croatica.hr/ojs/index.php/GC/article/view/351
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