Croatian oil pipeline operator JANAF [ZSE:JNAF] said on Tuesday it has signed a framework oil storage contract with crude oil trader ENI Trade & Biofules, part of Italy’s oil company ENI.
The deal involves storing crude oil at the JANAF oil terminal in Omisalj on the northern Adriatic island of Krk until July 15, 2027, Janaf said in a press release. The value of the deal was not disclosed.
Majority state-owned JANAF operates terminals for crude oil and oil products on Krk, as well as in Sisak, Virje, Slavonski Brod and Zitnjak.
JANAF's shares last traded on Monday on the Zagreb Stock Exchange, when they closed 1.12% higher at 905 euro ($980).
(SeeNews, July 30, 2024)
