JANAF and MOL Group conclude oil transport and storage contracts

11.04.2024. 13:30

Zagreb – JANAF Plc and MOL Group have concluded a contract for the transport of 2.200.000 tonnes of oil via JANAF's pipeline under the take-or-pay principle for the period until 31 December 2024 and a contract for the storage of 79.385 m3 of oil at Omišalj Terminal and 70.000 m3 of oil at Sisak Terminal under the take-or-pay principle for the period until 31 December 2024. Signatories on behalf of MOL Group include MOL Hungarian Oil and Gas Plc, MOLTRADE Mineralimpex Trading Co and SLOVNAFT a.s.

''I welcome the continuation of our partnership with MOL, one of the Company's key partners, which confirms that JANAF has legitimately  assumed the role of the strategic factor of the wider region's energy security. It is exceptionally pleasing to receive confirmations of our partners' trust, continue successful collaborations and witness the stream of good business results precisely in this year, when our Company is celebrating the 50th anniversary of its founding and the 45th anniversary of the pipeline's deployment'', pointed out JANAF's Management Board Chairman, Stjepan Adanić, MSc.

''Jadranski naftovod continues to guarantee the complete satisfaction of Central Europe's demands for crude oil. This is the message we have continuously pointed out to our long-term Hungarian partner, MOL Group. The safety of our supply line remains the key factor in ensuring our parners' business stability and the satisfaction of the energy needs of the European Union and this part of Europe. I am pleased that MOL Group is continuing their partnership with JANAF and we shall continue to provide quality services that guarantee the safe and uninterrupted supply forrefineries and markets in Hungary and Slowakia'', said Board Member Vladislav Veselica.