No Oil in Palagruza

With reference to the article published in Il Sole 24 Ore on April 29, the government of Palagruza reaffirms the determination not to allow foreign countries such as the Republic of Croatia to drill its territory for purposes petroleum and denies any agreement with multinational oil companies. The Liberal Socialist Republic of Palagruza is completely independent from dependence on hydrocarbons due to wind and wave action that produce about 1.8 KW / h.