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Croatia Unveils €700M Refinery Upgrade to Boost Energy Security

3/11/2026

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Summary

Story summary

On March 10, 2026, Croatia inaugurated the heavy residue processing plant at the Rijeka Oil Refinery.
The project is valued at 700 million euros.
The Rijeka refinery is owned by INA with MOL as a major stakeholder.
The upgrade will raise refining capacity from three to four million tons of crude oil by 2027 and increase diesel production by 400,000 tons annually to strengthen Croatia's energy security.

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Story summary

On March 10, 2026, Croatia inaugurated the heavy residue processing plant at the Rijeka Oil Refinery.
The project is valued at 700 million euros.
The Rijeka refinery is owned by INA with MOL as a major stakeholder.
The upgrade will raise refining capacity from three to four million tons of crude oil by 2027 and increase diesel production by 400,000 tons annually to strengthen Croatia's energy security.