gas field

The Izabela gas field has an estimated total gas reserves about 1.4 billion m³, with the expected production of approximately 280 million m³ annually.

INA management board president Zoltán Áldott said, "This is an important milestone for our company as it shows we are a good partner with a great experience in exploration and production projects in the Adriatic and also expresses our intention to extend our cooperation even beyond this project."

The gas produced from the field will be transported from two production platforms, installed in a water depth of 37m, to Ivana A and Ivana K platforms, also located in North Adriatic.

The gas will then be further processed and compressed, and then released to transmission systems towards Croatia and Italy.

Edison E&P executive vice president Nicola Monti said, "The Izabela field’s start of production testifies the competences of the company in the exploration and production sector and strenghten Edison’s growth strategy in Croatia, especially at the light of the new bidding round for the exploration licenses in the Adraitic Sea."

Image: Production on North-Adriatic field Izabela launched. Photo: courtesy of INA.