PKN Orlen inks contract with major Czech oil transporter

Poland’s largest oil and petroleum products company has expanded its operations to the Adriatic Sea. According to a statement released to the Polish press on Wednesday, PKN Orlen signed a three-year contract with Jadranski Naftovod (JANAF). The agreement allows the Polish petro giant to transport crude oil from a port on the Adriatic to refineries in the Czech towns of Kralupy and Litvinov. “The new oil transport route will increase the transport capacity of oil (for) Orlen, and this may in the future be used for the distribution of various types of oil through the terminal in the Adriatic,” the statement said. JANAF manages an oil transport system, which includes the terminal of Rijeka, Croatia and part of the Adria oil pipeline – the latter also running through parts of Hungary, Slovakia and the Balkan countries in addition to Croatia. JANAF is a joint stock company co-owned by the Croatian Pension Insurance Institute and the Republic of Croatia. Kralupy and Litvinov, located about 100 kilometres from the Polish region of Zgorzelec, process a joint capacity of 8.7 million metric tons of crude oil per year.