Croatian oil pipeline operator Jadranski Naftovod said on Friday it has signed a deal to provide oil storage capacity to UK-based Glencore Energy.
Jadranski Naftovod, Janaf, said in a bourse filing the contracted storage capacity is located at its Omisalj terminal.
Earlier this year, Janaf said it had signed oil transportation deals with Hungary's MOL, Bosnia's Optima Group and Serbia's NIS.
The bourse filing also indicated Janaf's net profit rose 18.5% to 114.4 million kuna in 2014 as total revenues increased 2.9% to 490 million kuna. The volume of oil transported by the company fell 1.2% to 5.48 million t in 2014 when investments totalled 124 million kuna.
Janaf operates 622 km of oil pipeline infrastructure and total storage capacity of 1.54 million cu m for crude and of 202,000 cu m for oil products.