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Jadranski naftovod

Jadranski naftovod
JANAF
Company typePublic
ZSE: JNAF
IndustryOil and gas
Headquarters
Zagreb
,
Croatia
Key people
Stjepan Adanić
(President of the board)
ServicesOil transportation
RevenueIncrease €153.33 million | $165.97 million (2023)[1]
Increase €60.26 million | $65.23 million (2023)[1]
Increase €51.98 million | $56.26 million (2023)[1]
Total assetsIncrease €732.89 million | $793.28 million (2023)[1]
Number of employees
Increase418
Websitewww.janaf.hr

Jadranski naftovod, commonly known as "JANAF" is a crude oil transportation company in Croatia. It was established in 1974. It operates one of the most significant oil pipelines in Europe - the JANAF oil transport system, a part of the Adria oil pipeline. It transports crude oil from the Adriatic Sea to Central Europe.

Its headquarters is located in Zagreb, Croatia. The JANAF pipeline system runs from the port of Omišalj on the island of Krk, through Croatia, and into Slovenia, Hungary, and Bosnia and Herzegovina. The pipeline system spans approximately 759 kilometers.

JANAF's pipeline has a designed capacity of 34 million tons per year, having storage facilities for crude oil and petroleum products. The company operates several storage terminals, including those in Omišalj, Sisak, Virje, and Slavonski Brod. The pipeline network connects to international oil pipelines, facilitating the transportation of crude oil to various European countries.

JANAF operates oil terminal of the Port of Rijeka in Omišalj on the Krk Island.[2][3][4] In 2020, the Port of Rijeka Liquid Cargo Terminal transported 8.1 million tonnes of oil, what is an increase of 22% compared to 6.6 million tonnes transported in 2019.[5] In 2020, JANAF recorded annual revenue of 790 million kuna (104.9 million euro), what is 10.6% more than 2019, and annual net profit of 288.1 million kuna (38.2 million euro). This was JANAF's best business results since its establishment.[6] JANAF is a joint stock company owned by Croatian Pension Insurance Institute (37.26%), Restructuring and Sales Center (26.28%), the Republic of Croatia (14.97%), INA (11.80%), HEP (5.36%) and other shareholders owning less than 5% of stock each.[7] JANAF had 382 employees working in Omišalj terminal and other JANAF facilities in Croatia.[8]

JANAF plays a critical role in the energy security of Croatia and its neighboring countries by ensuring a stable supply of crude oil. The company is a significant player in the Croatian economy, contributing to the energy sector's development and providing employment opportunities. Moreover, JANAF is committed to environmental protection and implements various measures to minimize the ecological impact of its operations. The company adheres to stringent safety standards to prevent accidents and ensure the safe transportation and storage of oil.

References

  1. ^ a b c d "GODIŠNJI IZVJEŠTAJ ZA 2023. GODINU" [Annual report for 2023] (PDF). JANAF (in Croatian). Retrieved 22 September 2024.
  2. ^ "Terminals - Liquid Cargo Terminal". Port of Rijeka Authority. Retrieved August 26, 2011.[permanent dead link‍]
  3. ^ "DINA - Petrokemija d.d., Omišalj". DIOKI d.d. Archived from the original on May 2, 2011. Retrieved August 26, 2011.
  4. ^ "The Omišalj Port and Terminal". Jadranski naftovod. Retrieved August 26, 2011.
  5. ^ "Statika prometa" [Traffic statistics]. Lučka uprava Rijeka (in Croatian). Retrieved 1 November 2021.
  6. ^ "Janaf lani ostvario najbolje poslovne rezultate od osnivanja" [Janaf achieved the best business results since its establishment last year]. Jutarnji list (in Croatian). 23 February 2021. Retrieved 1 November 2021.
  7. ^ "Struktura dioničara" [Shareholder structure] (PDF). JANAF (in Croatian). Središnje klirinško depozitarno društvo. 31 March 2021. Retrieved 1 November 2021.
  8. ^ "Godišnji izvještaj za 2020. godinu" [Annual report for 2020] (PDF). JANAF (in Croatian). 10 March 2021. Retrieved 1 November 2021.
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