Financing wind in Montenegro,...

The landscape of renewable finance in Southeast Europe has undergone a profound transformation....

How Southeast Europe’s grid...

Wind development in Southeast Europe is accelerating at a pace unimaginable only a...

Serbia–Romania–Croatia: The new triangular...

For years, the Iberian Peninsula defined what a wind powerhouse looked like inside...

The bankability gap in...

The transformation of Southeast Europe into a credible wind-investment region has been rapid,...
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HomeSEE Energy NewsCroatia, JANAF has...

Croatia, JANAF has signed a contract for crude oil storage with Litasco

Croatian state-owned oil transportation company JANAF said that it has signed a contract for crude oil storage with trading company Litasco, a subsidiary of Russian Lukoil.

According to the statement from JANAF, the signed contract covers the period between 1 April 2023 and 31 March 2025 and it envisages storage of 239.856 cubic meters of crude oil at JANAF’s facilities.

Earlier in January, JANAF signed two contracts for crude oil transportation and storage with Hungarian oil and gas company MOL. The first contract envisages the transportation of 500,000 tons of crude oil from the terminal in Omisalj to Croatian border with Hungary. According to the second contract, MOL has leased oil storage capacity of almost 150,000 cubic meters at JANAF’s terminals in Omisalj and Sisak.

JANAF operates 631 kilometers of oil pipeline in Croatia and owns several oil terminals, with total storage capacity of 1.94 million cubic meters of oil and 220,000 cubic meters of petroleum products.

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