Croatia's Janaf Signs Oil Storage Deal with Delta-Oil International
05.02.2021 By Ricardo Perez - NEWS

May 2, 2021 [See News] Croatia’s state-controlled oil pipeline operator Jadranski Naftovod (Janaf) [ZSE:JNAF] said on Wednesday it signed an oil storage deal with Zagreb-based fuels wholesaler Delta-Oil International.

 
The deal is valid for the period from June 1 until December 31, as the oil will be stored at Janaf’s Omisalj terminal, the company said in a statement with the Zagreb bourse.

Under the terms, the deal could be extended by two years.

Janaf has terminals on the island of Krk, as well as in Sisak, Virje, Slavonski Brod and Zitnjak, and operates 631 kilometres of pipelines. It has 1.94 million cubic metres of storage capacity for oil and 222,000 cu m of capacity for the storage of petroleum products.

The company’s shares traded 2.29% higher at 4,460 kuna ($712/589.9 euro) on the ZSE by 1315 CET on Wednesday.

(1 euro = 7.56022 kuna)

Click Here to Access Today a 6,350 Tank Terminal Database With a Pro Trial

6,350 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More