NIS plans to use Adriatic Oil Pipeline to increase oil transports by 38.5 percent

Adriatic Oil Pipeline (Jadranski Naftovod - Janaf) said in a notice to the Zagreb Stock Exchange that it had signed an oil transportation agreement with the Petroleum Industry of Serbia (NIS).

Janaf and NIS have concluded an agreement on the transportation of 1,800,000 tonnes of oil using the Janaf system for the needs of NIS in 2013, reads the short notice.

An agreement that these two companies signed last year envisaged the transportation of 1,300,000 tonnes of oil in 2012.