Croatian INA back on Serbian market?

- If Serbia soon revokes existing ban on import of oil derivatives (other than euro-diesel) and, due to announced entrance to CEFTA, does not introduce high customs fees on import of gasoline and diesel fuel, that will make it possible for company INA to come back to Serbian market it finds interesting - Zagreb's newspaper "Vjesnik" announced.

At the moment, INA exports only lubricants, petrol gas, bitumen, oil and base oils to Serbia and it sells about 17,000 tons of these products on annual basis, with annual income of about 9m USD.

The Government of Serbia announces that the ban on import of oil derivatives would, most probably, be revoked soon, so that the only question that is of interest to company INA is the amount of customs fees on import of gasoline and diesel fuel.

According to the first unofficial announcements, the idea is that the customs fee on euro-diesel amounts to 30%, whereas the fee on gasoline should amount to 18%.