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Croatia's Janaf To Provide Storage for Oil Derivatives to Local Units of Austria's OMV, Russia's Lukoil

Dec 1, 2009, 2:21:01 PMArticle by Kire Nedelkovski
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December 1 (SeeNews) - Croatian oil pipeline operator Janaf said it has been contracted to provide storage capacity for oil derivatives to OMV Hrvatska and Lukoil Croatia.

Croatia's Janaf To Provide Storage for Oil Derivatives to Local Units of Austria's OMV, Russia's Lukoil

Janaf will provide to OMV Hrvatska storage capacity at its Omisalj and Zitnjak terminals for the period from January 1, 2010 until December 31, 2013, the oil pipeline operator said in a statement filed to the Zagreb Stock Exchange (ZSE) on Monday.

The contract with Lukoil Croatia has an identical timeframe, a separate filing with the ZSE indicated.

No further details were immediately available.

The Omisalj terminal provides total crude oil storage capacity of 760,000 cubic metres and total oil products storage capacity of 60,000 cubic metres, according to data from the Janaf website (www.janaf.hr).

Janaf shares were trading up 0.66% at 3,200 kuna ($658/438 euro) by 1115 GMT on Tuesday.

(1 euro=7.3084 Croatian kuna)

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