JANAF and NIS conclude 2022 oil transportation contract

18.01.2022. 15:05

Zagreb — Jadranski naftovod, dioničko društo (JANAF Plc.) and NIS a.d. have concluded a contract for crude oil transport for the period from 1 January to 31 December 2022. Under the 2022 contract, NIS has reserved JANAF’s capacities under the take-or-pay principle for the transportation of 3.2 million tonnes, +/- 10%, of crude oil.

“We are very pleased to have signed a contract with NIS, our long-time business partner. Building long-term quality business relationships forms the cornerstone of a stable and successful business. The new business year ahead will surely be profitable, and the continuing cooperation with NIS is just another indicator that our operations are run successfully. This is evidenced by an enhanced cooperation with our partner with an increased volume of capacities under the new contract”, says a statement by JANAF’s Management Board, headed by Chairman of the Board, Stjepan Adanić, MSc, and Board Member, Vladislav Veselica.