January 26 (SeeNews) - Croatian oil pipeline operator Janaf [ZSE:JNAF] said on Thursday it has signed contracts for oil storage and transportation with oil and gas group INA [ZSE:INA].
One deal envisages the transport of between 1.6 million and 2.16 million tonnes of oil between the oil terminal Omisalj and the INA refinery in Rijeka by the end of this year, Janaf said in a press release. It did not disclose the value of the deals.
The other one is for the storage of 79,385 cubic metres of crude oil at the Omisalj terminal and 70,000 square metres at the Sisak terminal by the end of 2025.
Majority state-owned Janaf operates terminals for crude oil and oil products on the island of Krk, as well as in Sisak, Virje, Slavonski Brod and Zitnjak.
Janaf's shares last traded on December 28 on the Zagreb Stock Exchange, when they closed 9.26% higher at 5,900 kuna ($854/783 euro).
Ina's shares last traded on January 24, ending 0.45% higher at 450 euro on the Zagreb bourse.
($ = 0.917 euro)
INA-Industrija Nafte d.d. is among the biggest companies in SEE, for more reference take a look at
Top 100 companies