Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeSEE Energy NewsCroatia, JANAF could...

Croatia, JANAF could significantly increase oil transport capacity to Hungary without additional investments

Croatian Minister of Economy and Sustainable Development Davor Filipovic said that JANAF could significantly increase oil transport capacity to Hungary without additional investments and that Croatia would work to become an important factor in Europe’s energy sector.

Minister Filipovic said that JANAF’s current capacities can be increased without any investments, when it comes to transporting oil to Hungary, and that is significant, and with certain investments, they can also double. He added that this is the direction in which Croatia will go, i.e. use the current situation in order to position itself as much as possible in terms of energy supply in Europe.

He also said that JANAF, according to its current capacity, can transport 11.4 million tons of oil a year to Hungary, and now only 2 million are transported to that country. Filipovic emphasized that it is clear that without any investments, the transport of oil to Hungary can be significantly increased.

In this situation, Croatia is the best solution for Hungary, depending on the outcome of the proposed sanctions, as well as for other EU countries. According to JANAF’s data, the projected capacity of the pipeline is 34 million tons of oil per year, and the installed 20 million. The system was built for the needs of refineries in Croatia, Slovenia, Serbia and Bosnia and Herzegovina (24 million tons), as well as users in Hungary and the Czech Republic and Slovakia (10 million tons).

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Energy markets weekly: Brent, TTF gas and CO2 prices show moderate fluctuations in late August

During the fourth week of August, Brent oil futures for the Front Month on the ICE market reached a weekly high settlement price of $68.80/bbl on Monday, August 25. Prices then fell 2.3% on Tuesday, August 26, hitting a...

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...
Supported byVirtu Energy
error: Content is protected !!