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 […]
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
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.
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
Region: Croatia defends JANAF capacity after Hungarian concerns over regional oil supply Read More »
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
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
Croatia’s state-owned oil transportation company JANAF has secured a construction permit to build additional fuel storage tanks at its Omisalj Terminal. A public tender for the project is expected to launch in early August. Valued at over 30 million euros and fully financed from JANAF’s own resources, this marks the company’s largest single investment in
Croatia: JANAF to double Omisalj terminal storage capacity with €30 million expansion Read More »
The Croatian state-owned oil transportation company JANAF has successfully commissioned and connected its Vodjinci solar power plant to the national grid. With this new addition, JANAF now covers 86 percent of its electricity needs using its own renewable energy sources. The Vodjinci plant received its operational permit and was completed according to schedule. JANAF acquired
Croatia: JANAF boosts renewable energy portfolio with new Vodjinci solar power plant Read More »
Croatia’s oil pipeline operator Janaf announced on April 11 that it has extended its storage agreement with local wholesaler Rijeka Trans until the end of July 2027. Under the renewed contract, Janaf will continue to provide storage for 10,000 cubic metres of oil derivatives at its facilities in Omisalj, according to a filing with the
Croatia: Janaf extends storage deal with Rijeka Trans Read More »
The Management and Supervisory Boards of the Croatian oil transportation company JANAF have proposed a dividend payment of 28.81 euros per share to its shareholders. This follows a highly profitable year for the company, surpassing the business goals set by its management. As a result, shareholders are set to receive a substantial dividend as a
