ZAGREB, 22 April (2022) - Croatia's oil pipeline operator JANAF said on Friday it was allowed to resume the delivery of crude oil to the Serbian oil company NIS, adding that it had concluded storage contracts with the Croatian Hydrocarbon Agency and the Delta Oil International company.

JANAF reported on 29 March that its contract with NIS was covered by EU sanctions against Russia over its invasion of Ukraine. Serbian President Aleksandar Vučić then said that the problem of oil delivery would be addressed together with Croatia and the European Union.

JANAF said on Friday that the EU Council regulation of 8 April amending a regulation concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine allows JANAF to continue performing its obligations under the contract on crude oil transport with NIS.

JANAF also said it had concluded storage contracts with the Croatian Hydrocarbon Agency and the Delta Oil International company.

The contract with the Hydrocarbon Agency provides for the storage of 20,000 cubic metres of diesel fuel and the same amount of unleaded petrol at the Omišalj Terminal on Krk island from 1 July to 31 December 2022.

Under the contract with Delta Oil International, 169,000 cubic metres of crude oil will be stored at Omišalj from 15 April to 15 August 2022.

JANAF's CEO Stjepan Adanić said that the new contracts were yet another confirmation of JANAF's strength and importance as a key component of the energy market in the European Union, Croatia and this part of Europe.

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