The Decision of the Government of the Republic of
Croatia on the Formation of the Committee for Energy
Sector Reform (March, 2000) defined plans and
progress milestones for the development of energy
legislation. This process had to take into consideration
European Union Directives on the liberalisation of
the electricity and gas industries. The Committee consisted
of representatives from the Ministry of the
Economy of the Republic of Croatia; the Croatian Oil
and Gas Company (INA); the Croatian Electric Utility
Company (HEP) and the Energy Institute Hrvoje Požar.
The draft document entitled Potential Directions for
Energy Sector Reform (elaborated by Energy Institute
Hrvoje Poaar in March 2000) anticipated the rationale
of the two EU Directives on the opening of electricity
and gas markets. The expected reform was a result
of envisaged political and economic goals of the Republic
of Croatia, including the ultimate objective which
is to integrate into the European Union. This would
ensure stability and safety of Croatia’s energy system.
A package of energy laws (“Energy Law”, “Law on
the Regulation of Energy Activities”, “Law on Electricity
Market”, “Law on Gas Market”, “Law on Oil and Oil
Derivatives Market”) was drafted based on the envisaged
reform concept. These laws were accepted by
the Croatian Parliament in July 2001 and published in
the Official Gazette of the Republic of Croatia No.
68/2001.
The aforementioned laws introduce market relations,
ensure a gradual liberalisation of the energy market
and define a transparent relationship between energy
subjects and customers. The new legislation, which
is to be supplemented by acts of secondary legislation
necessary to operationalize reform, created a
legislative framework for restructuring and privatisation
of the two most significant companies operating
in the Croatian energy sector: HEP and INA.
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