JANAF

Croatia: JANAF reports lower profit and revenue amid sanctions impact and market realignment

Croatian oil pipeline operator JANAF recorded a net profit of 33.3 million euros in the first nine months of 2025, marking a 10.2 percent decrease compared to the same period last year. Total revenues reached 96.4 million euros, down 3.3 percent year-on-year, while income from core business activities — oil transport and storage of crude […]

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Region: Slovnaft accuses Croatia’s JANAF of blocking non-Russian oil deliveries amid supply diversification efforts

Slovakia’s Slovnaft refinery, part of Hungary’s MOL Group, has accused Croatian state-owned pipeline operator JANAF of restricting deliveries of non-Russian crude oil, citing what it called technical limitations. The refinery claims that this move jeopardizes ongoing efforts to reduce reliance on Russian oil. JANAF, however, rejected the accusations, insisting that it has fully met all

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Hungary and Croatia move to resolve tensions over oil supply, begin pipeline negotiations

Tensions between Hungary and Croatia appear to be easing after a period of sharp accusations, during which Croatian authorities were accused of benefiting from the war in Ukraine and sanctions on Russia. State-owned Croatian oil pipeline operator JANAF confirmed that Hungarian company MOL will send representatives to Zagreb next week to start negotiations on importing

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Croatia: US sanctions targeting NIS prompt JANAF to secure licenses for continued crude oil transport

Earlier this year, the U.S. Department of the Treasury introduced sanctions targeting Russia’s energy sector, which are now being applied to Serbian oil company NIS. This affects NIS’s crude oil transport agreement with Croatian pipeline operator JANAF, valid from 1 January 2024 to 31 December 2026. Under the contract, NIS reserved pipeline capacity under a

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Croatia: JANAF seeks US license extension to mitigate revenue loss from potential NIS sanctions

Croatian oil pipeline operator JANAF has warned that it could lose a significant portion of its revenues if US sanctions on Serbian oil company NIS are implemented in October. To address this risk, JANAF plans to request an extension of its license from US authorities to continue its cooperation with NIS. Currently, JANAF holds a

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Region: MOL warns JANAF pipeline fails to prove reliable capacity for supplying Hungary and Slovakia

Last week, Hungarian oil company MOL and Croatian state-owned transporter JANAF conducted joint tests on the JANAF pipeline, but results did not confirm that the system can sustain long-term crude oil flows to Hungary and Slovakia. According to MOL, the pipeline was only able to operate at the required capacity for short periods of one

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Croatia: JANAF denies MOL claims, confirms full pipeline capacity for central European refineries

State-owned oil transport company JANAF has firmly rejected claims by Hungary’s MOL Group regarding alleged technical issues during capacity tests on the oil pipeline segment from the Sisak Terminal to the Hungarian border in September 2025. JANAF specifically dismissed suggestions that it cannot meet the annual crude oil needs of MOL’s two Central European refineries.

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Region: Croatia defends JANAF capacity after Hungarian concerns over regional oil supply

Croatian Economy Minister Ante Susnjar has addressed comments by Hungarian Foreign Minister Peter Szijjarto, who argued that the JANAF oil pipeline cannot fully meet the oil needs of Hungary and Slovakia. Susnjar emphasized that Croatia remains committed to supporting its neighbors, noting that all available capacities for crude oil transport and liquefied natural gas deliveries

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Croatia: JANAF posts strong H1 2025 results and plans strategic infrastructure investments

Croatian state-owned oil transportation company JANAF continued its steady growth in the first half of 2025, as reflected in its financial performance. The company generated total revenues of 69 million euros, with income from core activities rising by nearly 4 % year-on-year to 64.9 million euros. Gross profit for the first six months amounted to

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Croatia: MOL and JANAF clash over crude oil pipeline capacity and pricing amid regional energy tensions

Despite recent testing conducted in June on the JANAF crude oil pipeline, the assessments offered by Hungary’s oil and gas group MOL and Croatia’s pipeline operator JANAF have revealed a sharp divergence in views. MOL maintains that it requires firm guarantees of uninterrupted oil delivery through Croatian territory at competitive rates—assurances it claims JANAF has

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