Review article
JANAF - strategic oil pipeline for security of supply of South-Eastern and Central Europe
Gordana Sekulić
; Ph.D Econ.
Abstract
This paper presents the company profile of JANAF Plc., as Croatian oil company of strategic significance, which performs the activities of crude oil transport, as well as storage of crude oil and oil products, having also the strategic importance in the energy of South-Eastern and Central Europe and the EU, since, for thirty five years, it contributes to security of consumers supply with crude oil and provides two directions for crude oil supply to the refineries, namely from Omišalj direction (i.e. the Mediterranean) and from Hungarian direction (i.e. the Druzhba oil pipeline).
In recent years, the company has diversified its business operations by constructing storage capacities for storing compulsory stocks of crude oil and oil products. Thus, additional contribution has been made as to enhancement of security of consumers supply since the compulsory stocks are intended to be used in cases of emergencies according to the EU procedures.
Company's further development is considered through storage projects, then by increasing crude oil transport and storage, as well as by developing compatible projects planned to be realized in cooperation with strategic partners. JANAF's strength and competitive advantage lie in available capacities and infrastructure, favourable geostrategic and energy position that enables crude oil and oil products supply from the countries of the Middle East, North Africa, Caspian region, Russia and others.
Keywords
JANAF pipeline; crude oil transport; storage of crude oil and oil products; South-Eastern and Central Europe; EU project of common interest
Hrčak ID:
132897
URI
Publication date:
10.6.2014.
Visits: 4.266 *