JANAF AND NIS CONCLUDED CONTRACT ON CRUDE OIL TRANSPORT IN 2021

15.01.2021. 13:00

Zagreb - Jadranski naftovod, dioničko društvo (JANAF Plc) concluded with the company NIS a.d. the contract on crude oil transport for the period from 1st January to 31st December 2021. Under the Contract, NIS reserved the JANAF’s transportation capacities for the year 2021 according to a take-or-pay principle in the amount of 2.750.000 +/- 10% of crude oil tons.

“We express the content that we signed the contract with our long-term business partner NIS, and we consider this new contract as a good introduction to a new business year. The business success is reflected in achieving stable and safe revenues, and significant new business activities are always a good announcement for achieving the Company’s growth and development. Moreover, the conclusion of new deals represents the basis for optimistic expectations related to the economic recovery after the crisis caused by the COVID-19 pandemic”, pointed out the JANAF Management Board.