Company's activities
Company's activities
Transnafta performs transport of crude oil through oil pipeline that stretches from the river Danube on the border with Croatia, to Pancevo, a total of 154.4km. Related pipeline infrastructure consists of a terminal in Novi Sad with four crude oil tanks of 10.000 m³ each, the dispatching centre and pumping station, the metering station in Pancevo and eight block stations along the route. One of the main tasks of the Company is to provide the continuous and safe transport of crude oil for the needs of NIS a.d.
With the Decision on Foundation, the Company overtook the obligation to ensure, in accordance with the law, work and development plans and Business Program, the work conditions and uninterrupted transport system, security, regular maintenance, development and technical and technological integration into unified crude oil and petroleum products pipeline transport system in the Republic of Serbia, so as the measures that will contribute to linking these systems with other countries' crude oil and petroleum products transport systems.
Under conditions of high energy dependence, it is important to ensure the stabile supply of crude oil and petroleum products. Crude oil and petroleum products storage activities have a significant role in nowadays economic conditions and energy demands. Storage of compulsory stocks of crude oil and petroleum products is regulated by EU directives that member states must incorporate into national legislation in order to ensure secure supply of petroleum products.
Considering the need for harmonization of legislation of the Republic of Serbia with the European legislation, and hence the need for regulation of the compulsory stocks system for crude oil and petroleum products, the Company plans to provide the crude oil and petroleum products commercial storage service within its own storage facilities. Based on long-term cooperation with a legal entity that will perform the tasks of forming preservation and maintenance of compulsory stocks for the state, the Company is developing storage capacities for crude oil and petroleum products compulsory stocks. For that purpose, Transnafta has established cooperation with the Directorate for Petroleum Reserves and Republic Directorate for Commodity Reserves and the Army of the Republic of Serbia on the joint use of storage capacities owned by the Army of the Republic of Serbia. The Law on Commodity Reserves defines terms and mode of forming, preservation, maintenance and monitoring of crude oil and petroleum products compulsory stocks, as well as the way of establishing the required structure of compulsory stocks.
In accordance with the adopted structure of compulsory stocks, and in order to ensure the availability of crude oil to refineries and motor fuels to customers, it is expected that storage capacities are next to the existing pipeline for crude oil reserves and next to the planned petroleum products pipeline for motor fuels.
