June 23, 2024
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HomeSEE Energy NewsCroatia, JANAF has signed an oil storage deal with Swiss company Vitol

Croatia, JANAF has signed an oil storage deal with Swiss company Vitol

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Croatian state-owned oil transportation company JANAF announced that it has signed an oil storage deal with Swiss company Vitol.

The statement from the company said that, according to the agreement, it will store 117,856 cubic meters of crude oil at the Omisalj terminal on the island of Krk as of 1 June 2023 for a period of 6+6 month. Financial details of the agreement were not disclosed.

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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