N1HRV — broadcast
20261102 103000 UTC
531 transcript segments
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[00:00:00] "we are here because my wife uses an app to see
[00:00:04] where the best prices are and so we found it and that's why we're
[00:00:07] here. really? and tell me, do you think that this will
[00:00:11] affect the mid-terms voting? yes,
[00:00:14] absolutely will. not just in which sense? not just the price of gas, but the price of
[00:00:18] everything, just everything. everything has just you know
[00:00:22] exploded in our faces with um being able to
[00:00:25] cover basic, you know, gas and and basic
[00:00:29] food -" the prices i'm i'm shopping every you know basically
[00:00:32] every week um and it went from maybe
[00:00:35] 150 120 to now double that
[00:00:38] we're paying like 324
[00:00:41] those lawsuits occur, given that more for just your basic necessities and that you know it comes
[00:00:44] from national level and they have taken so many of the
[00:00:47] resources um when it comes to education
[00:00:52] In any case, we will see when it comes to um you know like the the local
[00:00:55] municipalities um local help with you
[00:00:58] know uh
[00:01:07] It is clear that the main topic of these elections is the standard of living,
[00:01:11] how much fuel costs, how much food costs, what about
[00:01:15] housing, what about what the average American citizen
[00:01:18] can afford at all , and another
[00:01:21] interesting thing is that
[00:01:23] to obey since the beginning of those who usually do not participate in the election process have become politically
[00:01:27] active in these elections, not even a little. Lancaster
[00:01:31] N1.
[00:01:34] Mina will join us live from the USA later in the show
[00:01:38] and of course in the next few days
[00:01:41] she will follow what and how things will happen
[00:01:44] in the mid-term elections themselves. And what exactly do
[00:01:47] Americans choose in those famous so-called midterm elections and how will
[00:01:51] mid-term elections, as they are also
[00:01:55] called in English, actually look like in the report
[00:01:58] by our Victoria Kristić.
[00:02:02] About 210 million registered voters decided on the
[00:02:06] composition of the American Congress, all 435
[00:02:09] representatives of the House of Representatives and a third of the senators. Congress
[00:02:13] passes laws, decides on the federal budget, oversees the work
[00:02:17] of the president, and Republicans currently have control over it with only
[00:02:20] a few mandates in advantage. Congress is the American legislative
[00:02:24] body, it has two houses and what is interesting and what is actually
[00:02:28] part of that American... so-called checks and
[00:02:31] balances system, that is, a system in which there is
[00:02:34] control of all branches of government, that is the
[00:02:37] mechanism of mid-term elections in the middle of the mandate in order to
[00:02:41] prevent the influence of various party
[00:02:44] members from various houses on the current government.
[00:02:48] Trump is not on the ballot, but he is daily on various
[00:02:51] stages of pre-election rallies. He also visits states in
[00:02:55] which Republicans have so far won without major
[00:02:58] difficulties, and now they are threatened.
[00:03:09] so we're here because this is something exciting, we're not like huge
[00:03:13] huge trump people, but it's exciting, just the first time ever get to lay eyes on him, make
[00:03:17] sure that he's real, uh, shout, thank you real loud, shout that i love him,
[00:03:21] that we love him, as soon as i heard trump was here, yeah, you really
[00:03:25] wanted to, he's our little trump supporter, not the enthusiasm
[00:03:28] of Trump's supporters, shared by all voters, at the center
[00:03:32] of the campaign is a question that is felt in everyday life, how much does
[00:03:35] food, fuel, housing and health care cost. carges are going
[00:03:39] crazy, child care is crazy, housing is crazy, inflation is crazy, we have to
[00:03:43] show up and vote, because our vote is what actually changes what's going on in the
[00:03:46] world, in general like minimum wage, the way
[00:03:50] working hours are, the way people have to labor so hard and they're not,
[00:03:54] they're barely making ends meat, working paycheck to paycheck, i just feel like
[00:03:58] that's not the future that i want to be a part of,
[00:04:09] Voters thus choose between two different political visions:
[00:04:13] Democrats advocate a greater role of the state in financing social
[00:04:17] programs, environmental protection and a more liberal immigration
[00:04:20] policy. Republicans, led by Trump, emphasize
[00:04:23] lower taxes, the right to bear arms, and stricter
[00:04:27] border control and immigration. But in this campaign
[00:04:39] you think that their campaign might want to
[00:04:42] mention gas or groceries,
[00:04:45] but instead they just want to point to me and be like, he's muslim, but here's the deal, Donald,
[00:04:49] listen, I'll go through metal detector if you'll
[00:04:53] sit for a lie
[00:04:53] detector.
[00:05:01] simple,
[00:05:04] i got nothing to hide, you've got so much to
[00:05:07] hide, my first
[00:05:10] question, Epstein's name was heard at
[00:05:14] Trump's pre-election rally in Ohio. His speech was interrupted by a
[00:05:18] protester.
[00:05:22] So that guy, he's right out of the radical left
[00:05:26] playbook. It's right out of the radical, this guy, this
[00:05:29] guy was very non-descript, but I will
[00:05:33] say this, he mentioned Epstein, so I threw
[00:05:36] Jeffrey Epsin out of a club like 20 years
[00:05:39] ago.
[00:05:50] But the pre-election battle is not fought only with words. Billions of dollars
[00:05:53] are flowing into the campaign. By mid-October, 3.8 billion
[00:05:57] had been spent on political advertising.
[00:06:00] Among the biggest financial supporters
[00:06:03] of the Republicans is Elon Musk, who spent about
[00:06:06] 366
[00:06:09] million dollars for their support. Despite large investments and Trump's
[00:06:12] intensive campaign, his popularity is low, but how much would
[00:06:16] a change in Congress affect the
[00:06:18] president? will the courts make him pay
[00:06:21] attention? maybe the supreme court is
[00:06:25] also republican, so one doesn't know whether
[00:06:28] trump will be forced to adhere to the normal standards that
[00:06:32] presidents have been forced
[00:06:36] the American Republic, he may well get away with
[00:06:39] being an authoritarian, we'll have to...
[00:06:43] see, this is an unprecedented point in
[00:06:45] American history. I don't think people across the world
[00:06:49] understand
[00:06:50] that.
[00:06:53] What is expected is that Republicans will lose control of the lower
[00:06:57] house, and that they could also lose control of the
[00:07:00] Senate, but that still doesn't mean that Trump will be
[00:07:04] greatly hindered now, it will be a little harder for him, but
[00:07:08] he could still continue to do
[00:07:11] everything he has been doing so far. Democrats need to win
[00:07:14] additional mandates to take over Congress, each of which
[00:07:18] could be crucial. The unusual move from the Vatican shows
[00:07:22] how closely these elections are followed and how important they are.
[00:07:25] Pope Leo voted by mail, becoming the first Pope to
[00:07:29] participate in American elections and, according to available
[00:07:32] data, probably the first to vote in elections in a secular
[00:07:36] democracy. Victoria Kristić,
[00:07:38] N1.
[00:07:48] We will, of course, continue to deal with the mid-term elections in the USA
[00:07:51] later, now we are returning to domestic topics, and
[00:07:55] specifically to the situation in Gospić, where the issue is not
[00:07:58] only related to waste disposal, but a new topic
[00:08:01] that has appeared on the local, but actually also
[00:08:05] national horizon is the question of the Lithium factory. We are now going
[00:08:09] to our Katarina Plantak who was following the
[00:08:12] press conference of the minister, the competent
[00:08:15] minister Marija Vučković, Katarina, what do they say at
[00:08:19] the ministry, what should we expect regarding the decision
[00:08:22] on the Lithium factory, the question is whether the
[00:08:26] building permit will perhaps be revoked, and what is
[00:08:29] happening, at what stage is waste disposal
[00:08:31] ?
[00:08:34] That's right, Hrvoje, Minister Vučković held a press conference at 10 AM,
[00:08:38] amendments to the Environmental Protection Act were presented.
[00:08:41] She answered journalists' questions,
[00:08:45] of course, one of those questions was whether the building
[00:08:48] permit for the lithium factory would be revoked,
[00:08:51] as Jutarnji list unofficially learns, this could
[00:08:55] happen next week. We asked
[00:08:58] the minister if she knew anything about it. She said that
[00:09:02] her, her ministry is not responsible for that
[00:09:05] decision, that the Ministry of Environmental Protection withdrew the decision
[00:09:09] that an environmental impact study was not
[00:09:13] needed for the lithium factory and that now such a
[00:09:17] study is needed, and as for the building permit, that
[00:09:21] is the responsibility of those who issued it,
[00:09:23] meaning the Ministry of Physical Planning
[00:09:26] but also the city of Gospić. What will happen with that
[00:09:30] will be known next week, when, as announced,
[00:09:34] of course, the minister also commented on waste remediation
[00:09:37] in Gospić. As for buried
[00:09:41] waste, we all, everyone is asking
[00:09:44] when the negotiation procedure, i.e. public procurement, will be launched
[00:09:48] for the selection of a contractor for 33 tons
[00:09:51] of buried waste. Well, the minister confirmed today that it could happen
[00:09:55] already today or tomorrow at the latest. As for the
[00:09:58] scattered waste, 4,500 tons, where two public
[00:10:02] tenders failed and a negotiation procedure is currently
[00:10:05] underway, it ends tomorrow at 12 noon, then
[00:10:09] they will proceed to the selection of a contractor.
[00:10:13] The minister said that that waste, scattered
[00:10:16] waste, should leave Gospić by the end of this
[00:10:20] year, so we can watch the minister's
[00:10:22] statements about the lithium factory, but... about the course
[00:10:25] of remediation of the illegal waste dump in
[00:10:28] Gospić.
[00:10:31] We re-examined the procedure that was here before, and
[00:10:35] we determined that there was a wrong legal qualification
[00:10:38] of the intervention, we are aware that this
[00:10:42] happened at a time when the investment
[00:10:44] was already built, and that it
[00:10:48] has its additional challenges, but nevertheless, when a wrong
[00:10:52] legal qualification is found that can have an impact on... the environment, we are
[00:10:55] obliged to state and correct it.
[00:11:00] That was our task. This year, we therefore also issued
[00:11:04] a decision that it is necessary to conduct a comprehensive
[00:11:07] environmental impact assessment procedure. The most important thing for
[00:11:11] us is that there
[00:11:13] is no operation of a facility
[00:11:17] for which an environmental procedure was not carried out that should have been
[00:11:20] carried out, and the question
[00:11:23] of the building permit. "It is clear that a serious review of the
[00:11:27] building permit is underway, it is not within the competence of the Ministry
[00:11:30] of Environmental Protection and Green
[00:11:32] Transition.
[00:11:40] The citizens' initiative Gospić our home has been warning for months
[00:11:43] about all the irregularities related
[00:11:46] to this Lithium factory, and everything was
[00:11:49] commented on this latest event, the possibility that the
[00:11:53] building permit will be revoked, as they demand, and the representative
[00:11:56] of the initiative, Vijeko
[00:11:57] Bušić,
[00:12:01] actually, unfortunately, we are hearing some threats from the investor, actually,
[00:12:04] the investor is constantly repeating
[00:12:07] that the investor is addressing the city, meaning
[00:12:11] a small local community, although it is actually very
[00:12:14] clear from the entire chronology of the case how much
[00:12:17] responsibility and fault actually lies with
[00:12:20] the investor. The investor submitted the first request to
[00:12:24] the ministry in 2023
[00:12:28] and correctly named his plant then, meaning that
[00:12:31] it is a factory for lithium processing. When he then received
[00:12:34] the ministry's opinion that his project should go for
[00:12:38] an environmental impact study, he abandoned it. He resubmits
[00:12:42] the request in March
[00:12:46] 2024, incorrectly classifying
[00:12:49] it as a mineral smelting
[00:12:52] plant. He then asked the Ministry to
[00:12:56] correctly classify his project because it is a
[00:12:59] plant for smelting mineral
[00:13:02] substances. He withdraws his request and then submits a new
[00:13:05] request. His entire elaboration is
[00:13:08] full of errors. He actually
[00:13:11] completely incorrectly states the chemical formula with which
[00:13:15] he presents his project, that is, he only stated one formula, not two or
[00:13:18] three that will actually be used in that production process, precisely in order
[00:13:22] to most likely hide the nature of his
[00:13:25] process. Then, what is most important, in the streets,
[00:13:29] the impact on water, on karst terrain, on groundwater,
[00:13:32] he actually copies from the elaboration
[00:13:36] from the Zagreb - Sisak highway junction,
[00:13:39] the Žažina junction. So the investor is the one who,
[00:13:43] let's say, uses a name for the ministry
[00:13:46] and then says that it is about
[00:13:49] processing lithium soda first and then
[00:13:53] lithium salts. So all these names are not
[00:13:56] professional names in the chemical industry, precisely in order
[00:14:00] to actually, in a way, conceal the true nature of his process,
[00:14:03] so as not to reveal that it is actually a classical chemical
[00:14:07] industry, precisely according to our positive
[00:14:10] regulations, which are actually copied regulations from the European Union
[00:14:14] for the chemical industry, an environmental impact study is always
[00:14:18] mandatory. That the investor was aware of this
[00:14:22] needs to be returned to February 29, 2024,
[00:14:25] when the investor's representatives presented this project at the city council.
[00:14:28] The investor explicitly said: You don't have to
[00:14:32] worry about anything, for such a project, an environmental
[00:14:36] impact study is needed. If the study does not
[00:14:39] pass, there will be no project, and that is the risk that
[00:14:42] the investor takes. So, the investor here
[00:14:46] is threatening some lawsuits, but actually,
[00:14:50] all this time, let's say, he
[00:14:53] was dancing on the edge of legality. That is, it is clear how he
[00:14:56] concealed his true intentions precisely
[00:14:59] in order to avoid preparing an environmental impact study,
[00:15:03] and I think that actually the city and
[00:15:06] the ministry and the entire public should communicate very clearly
[00:15:09] about the investor or his
[00:15:13] authorized representative who prepared that elaboration for him, obviously in
[00:15:16] agreement with the investor, so that
[00:15:20] the question of responsibility must be returned to the
[00:15:23] investor. Among other things,
[00:15:25] of course, it is bad in all this that the ministry, that is, not
[00:15:28] the city, but the ministry, at one point issued
[00:15:31] an opinion that such a project cannot,
[00:15:35] does not have to go to an environmental impact study, that is, that it is acceptable
[00:15:39] for the environment, but as I say, here one should ask
[00:15:42] how much the investor
[00:15:45] actually contributed
[00:15:46] to this.
[00:15:54] We heard the Minister of Environmental Protection, but we also heard
[00:15:57] the representatives of the citizens' initiative about the Lithium Factory. Of course,
[00:16:01] the question arises as to what will happen if the
[00:16:05] building permit is revoked. The investor announces
[00:16:08] lawsuits, the mayor
[00:16:11] of the city of Gospić said that he does not know how the city
[00:16:15] budget will bear it if
[00:16:19] than 10 million euros have already been invested in the Lithium factory,
[00:16:22] and there are, of course, additional costs,
[00:16:25] interest and similar.
[00:16:29] what solution will be chosen and what
[00:16:32] solution has been found in this case. We will continue
[00:16:36] to follow this story.
[00:16:39] Katarina, as you said, in the coming days we will probably have
[00:16:42] more concrete information, we continue to follow what is happening in
[00:16:45] Gospić.
[00:16:53] And now we are shifting our focus to energy, specifically
[00:16:57] to the reserves and prices of liquefied natural
[00:17:01] gas, as well as potential,
[00:17:03] potential alternatives that are opening up to the state
[00:17:07] in an attempt to exploit and achieve a higher level
[00:17:11] of security regarding its own energy sources.
[00:17:14] We now welcome analyst Ivan Brodić via video link from
[00:17:18] the Netherlands. Mr. Brodić, good day to you and
[00:17:27] try to define a broader picture first. Here we are already in
[00:17:31] November, of course different
[00:17:35] contracts were signed long ago, of course
[00:17:38] gas quantities were defined long ago, but let's see now, so
[00:17:42] what is the state of the reservoirs and what are
[00:17:44] the prices. Well, the reservoirs, or
[00:17:48] rather, the natural gas reserves at the EU level this
[00:17:52] year are about 10 to 12% lower than last
[00:17:56] year, and last year it was somewhat below
[00:18:00] what the Council of Europe and the European
[00:18:03] Commission actually outlined as
[00:18:06] a common energy policy of the European Union, with
[00:18:09] the exception of Poland, which has almost 100% full
[00:18:13] storage and
[00:18:16] Croatia is doing quite well, but
[00:18:19] countries that have the largest cumulative storage such as
[00:18:23] Germany, the Netherlands, Austria have
[00:18:26] significantly underperformed in
[00:18:30] filling storage facilities, this is
[00:18:33] very likely because traders
[00:18:36] waited until the last moment to see if the
[00:18:40] situation that affects
[00:18:43] gas prices on international
[00:18:46] markets, and we are talking about some geopolitical tensions
[00:18:50] such as Ukraine and the Middle East, would calm down so that
[00:18:53] gas prices would also relax, but this has
[00:18:57] not happened to date,
[00:18:59] last week the price of gas broke through on the
[00:19:03] TTF on the Dutch reference exchange
[00:19:06] at 100 euros per megawatt hour, for
[00:19:09] illustration, in January it was something around
[00:19:13] something above 26 euros per megawatt hour,
[00:19:17] which actually shows us how strong
[00:19:20] the price pressure is at this
[00:19:23] moment at this moment.
[00:19:25] strong can we then assume
[00:19:29] whether this will have some concrete consequences
[00:19:32] for the rest of the season or should it be felt or will it
[00:19:36] only be felt sometime later with a delay,
[00:19:40] so to speak?
[00:19:43] well, there will very likely be some delay, but
[00:19:47] even now the beginning of the heating season
[00:19:50] has meant some, we have
[00:19:54] felt this gas price that was
[00:19:57] happening before that heating season actually with
[00:20:00] the conclusion of
[00:20:02] September, so we can say that we are in
[00:20:06] a certain price shock. The good thing is that
[00:20:10] the gas reserves
[00:20:13] in a certain way exist,
[00:20:16] although they are smaller than last year and less than
[00:20:19] this ceiling that European
[00:20:22] European European regulations have
[00:20:25] outlined, however they certainly
[00:20:29] exist and there will very likely be no crisis in
[00:20:32] supply or distribution. The price is currently
[00:20:35] such as it is, many states,
[00:20:38] especially households and smaller industries, are actually
[00:20:42] protecting those prices with some
[00:20:44] of their own
[00:20:47] interventions, but the price is
[00:20:50] significantly higher than it was before,
[00:20:54] we are following at this global level
[00:20:58] attempts at agreement between Donald Trump
[00:21:02] and Vladimir Putin, or rather first of all
[00:21:05] a kind of relaxation of the way
[00:21:08] the US treats Russia and Russian energy sources
[00:21:11] on global markets. In the foreground was
[00:21:14] oil, or rather diesel. Donald Trump
[00:21:18] wished, hoped,
[00:21:20] expected, at least that was the official narrative, that it would affect
[00:21:24] the price of energy sources on American markets, that
[00:21:27] inflation would slow down, that voters there would feel it,
[00:21:31] that their mood would improve before the
[00:21:33] mid-term elections. That didn't really happen, but
[00:21:36] now gas is being mentioned again,
[00:21:40] and Europe, Europe turning to Russian
[00:21:43] gas again. What else can be read, what
[00:21:47] information regarding that is circulating now
[00:21:50] in professional circles?
[00:21:54] Well, we are currently in the period of preparation for the trilateral
[00:21:58] meeting of Trump, Putin and Xi,
[00:22:01] which will mark some new, new geopolitical
[00:22:05] agreements first of all, then probably also
[00:22:08] energy ones, and probably some new agreements on
[00:22:11] nuclear, nuclear weapons.
[00:22:14] The fact that the situation with
[00:22:18] oil, i.e. derivatives
[00:22:20] in fuel in the USA, is quite
[00:22:24] dramatic, again prices
[00:22:27] are hitting records at gas stations, so
[00:22:31] it is very likely that this
[00:22:34] kind of rapprochement between Trump and Putin in
[00:22:37] an energy sense has not yielded any
[00:22:41] significant results so far, and I highly
[00:22:44] doubt that it will have any effect on
[00:22:47] the decision of voters
[00:22:50] in these mid-term elections.
[00:22:54] Whether the whole situation will continue
[00:22:57] to thaw, or rather
[00:23:00] relax, will depend on many things, and
[00:23:03] the trade relations between the US
[00:23:07] and Russia have
[00:23:10] somewhat relaxed the situation, but not
[00:23:13] significantly. We are still in
[00:23:17] a situation where there is a diesel
[00:23:20] crisis. Just a few days ago, large oil
[00:23:24] companies like Exxon
[00:23:27] announced that the diesel crisis in the US
[00:23:31] and the world is here to stay. This is
[00:23:35] primarily due to the fact that the costs of
[00:23:38] refining diesel itself
[00:23:41] have significantly increased, both logistically
[00:23:44] and energetically, because every refinery needs energy
[00:23:47] agents for processing,
[00:23:50] so this
[00:23:53] situation will certainly not move towards
[00:23:57] further relaxation if these geopolitical tensions
[00:24:01] like the Middle East are not resolved.
[00:24:05] Also, it seems that Venezuela has fallen into the background
[00:24:08] or not, but it seems that Venezuela and those big announcements
[00:24:12] that American oil companies would already make
[00:24:16] a good profit there, but the question is
[00:24:20] the state of the infrastructure there, the question is transport, the question
[00:24:24] is distribution and the necessary investments for that
[00:24:27] to actually happen. Are there any shortcuts,
[00:24:30] any closer, shorter paths that could
[00:24:34] also have some desired
[00:24:37] impact on prices and on the global
[00:24:40] market or not? Well,
[00:24:43] good, any infrastructure renewal takes time, it cannot happen
[00:24:47] overnight. The Chavez regime, which
[00:24:50] with its decisions significantly set back
[00:24:54] the infrastructure of hydrocarbon
[00:24:57] exploration, exploitation and transport from
[00:25:00] Venezuela, did not last long,
[00:25:03] so that
[00:25:07] reconstruction will probably not be short either.
[00:25:10] The only shortcut is significant investment in
[00:25:13] Venezuela, and the question is in which
[00:25:16] direction all that will go.
[00:25:20] Given that we are not talking about a significant
[00:25:23] regime change in Venezuela and it is quite
[00:25:26] certain that certain corrupt intentions
[00:25:29] remained there, we are also witnesses that the opposition leader
[00:25:33] warned about this a few days ago,
[00:25:37] so currently certain
[00:25:40] companies are returning there, Chevron has been present
[00:25:43] all along, Exxon is negotiating to
[00:25:47] return there, some other companies. So we will see in
[00:25:50] which direction it will go and how
[00:25:54] quickly. What is certain is that at this
[00:25:57] moment
[00:25:59] hydrocarbon reserves in Venezuela are
[00:26:02] in a close alliance with the administration
[00:26:06] of Donald Trump and the USA,
[00:26:08] which allows Donald Trump and his entire
[00:26:11] administration significantly more control
[00:26:14] over agreements on the production of
[00:26:18] hydrocarbons, or rather mainly oil
[00:26:21] that are taking place within the oil cartel within the oil cartel
[00:26:25] in such global circumstances,
[00:26:28] but here, in this framework related to gas that we mentioned
[00:26:32] a little while ago, uh, can
[00:26:35] Croatia turn to some new potential
[00:26:39] energy sources, some new way
[00:26:42] to uh and diversify sources, but
[00:26:46] also raise stability
[00:26:49] by one level when we talk about hydrocarbons, we
[00:26:52] had that attempt in the time of Minister Ivan
[00:26:56] Vrdoljak regarding
[00:26:58] the division of uh these interest
[00:27:03] areas for exploration in Pannonian, on
[00:27:06] the Adriatic, on the Dinarides, that didn't, it went
[00:27:10] halfway, however, today we are witnesses, and it was
[00:27:14] published a few weeks ago
[00:27:16] that Ina actually stopped
[00:27:19] the downward trend of domestic production, primarily
[00:27:23] of gas, so that could be an encouraging
[00:27:26] decision, but besides the national oil company,
[00:27:29] recently we also have a company that was founded by the agency for hydrocarbons
[00:27:33] and Anaf geoenergy development, which
[00:27:36] explores uh in Kazakhstan, and which has
[00:27:39] potential and
[00:27:42] uh to preserve the know-how uh for exploration
[00:27:46] in uh and in Croatia itself,
[00:27:50] uh in which direction that will go next, we will see,
[00:27:53] however, it is quite certain that there is significant potential
[00:27:57] to do something there, to increase
[00:28:00] the share of our own
[00:28:03] production in that oil
[00:28:06] and gas mix. What is important for this, what is
[00:28:10] essential to ensure, in which direction should Croatia go,
[00:28:13] what decisions must it make to truly
[00:28:17] preserve knowledge and utilize something it may
[00:28:21] have ahead of it? Well,
[00:28:23] good knowledge in research and exploitation is actually important
[00:28:27] in two, two energy sectors, or two sectors,
[00:28:30] and that is the exploration of uh oil and gas,
[00:28:33] uh, and the second is the question of geothermal
[00:28:37] energy sources, where there are, there are
[00:28:40] some intentions to establish uh a special
[00:28:44] company that would be founded by the Agency for Hydrocarbons and
[00:28:47] HEP, uh, which would significantly
[00:28:51] contribute to the preservation
[00:28:54] of, that is, knowledge in
[00:28:58] exploitation, but also
[00:29:01] to Croatian heating and more significant and
[00:29:05] cheaper production of electricity
[00:29:08] in Croatia itself, uh what is
[00:29:12] needed for that, well, actually it seems to me that the most
[00:29:15] needed thing is a much
[00:29:19] more active support
[00:29:22] from politics for such
[00:29:25] endeavors of these two
[00:29:28] institutions. How it will go, that's what
[00:29:32] "politics itself should answer -
[00:29:36] and just for the end, one more question, we all witnessed,
[00:29:39] of course, uh a few days ago, political, big
[00:29:43] political changes in Serbia. We know that
[00:29:46] for a long time, and still it is actually
[00:29:50] for the Croatian energy framework,
[00:29:53] energy system, primarily, of course, for Janaf, it is important
[00:29:57] what is happening with the oil industry of Serbia. Should we
[00:30:00] expect any needs there?".
[00:30:02] or instability following what happened in
[00:30:06] Serbia with the executive power, i.e.,
[00:30:09] the parliamentary power, or more or less things are moving
[00:30:13] by some inertia?
[00:30:16] Well, there are two levels here. The lower, lower level
[00:30:20] is the level at which Aleksandar Vučić's regime
[00:30:23] controlled part of the staff
[00:30:26] in the oil industry of Serbia. These were very
[00:30:29] likely some staff in... lower and
[00:30:32] middle management, and that was the probable
[00:30:35] arrangement with Gazprom, or rather with
[00:30:39] the Kremlin. In which direction it will go remains
[00:30:42] to be seen, given that it is actually about
[00:30:46] a medium level, and it seems to me that
[00:30:50] the new government will address
[00:30:53] that relatively late, maybe
[00:30:56] it will happen on this other level before that.