Crude oil and petroleum products storage has the significant role in ensuring security of energy supply, especially in case of market disruption caused by shortages usually followed by energy prices increase.
By the EU Directive 2009/119/EC member states are obliged to maintain emergency stocks of crude oil and petroleum products in quantity of 90 days of average daily net imports or 61 days of average daily inland consumption. Signing the Agreement on the Energy Community of South-East Europe and gaining the EU membership candidate status, and in accordance with the above Directive, the Republic of Serbia is obliged to provide conditions for keeping the required amount of crude oil and petroleum products that will amount 1 million tons in 2020.
A the beginning of 2009 TRANSNAFTA JSC Pancevo
was registered for crude oil and petroleum products storage activity and in September the same year, the Company obtained the license for crude oil storage for the existing tanks at the terminal in Novi Sad. In January 2011, the Company obtained the license for crude oil, petroleum products and bio-fuels trading. Diversification of the activities and implementation of development projects will position TRANSNAFTA JSC Pancevo
as an important factor on the market for liquid hydrocarbons safe supply. The Company plans to develop crude oil and petroleum products storage capacities with the activity of keeping crude oil and petroleum products emergency stocks, as well as providing of commercial services in petroleum products storage and trading activities.
In accordance with the Contract on Storage of Crude Oil concluded with the Directory for Reserves of Energy – Generating Products / Ministry of Mining and Energy, all Transnafta JSC available capacities for crude oil storage at Novi Sad Terminal are completely full in 2019.
Pursuant to above, it is expected in the coming period to continue the storage of crude oil and also filling the future storage capacities.
In accordance with the Contract on Storage of Petroleum Products concluded with the Directory for Reserves of Energy – Generating Products / Ministry of Mining and Energy, the occupancy of Ledinci Storage Capacities available for storage of petroleum products is approximately 100% in 2019.
Petroleum products pipelines ensure the safest and the most cost-effective transport of petroleum products to consumer centres, modern products management, reduced losses and reduced leakage possibility. Projected transport of petroleum products (petrol and diesel fuel) will be performed through pipelines in length of approx. 400 kilometres, from the Oil Refinery in Pancevo in three directions, via Novi Sad to Sombor, via Smederevo and Jagodina to Nis and towards Belgrade. Petroleum products storage terminals will be located on these sites, wherefrom the supply to gravitating regions would be performed.
Petroleum Products Pipeline System through Serbia is the project of national interest, because it contributes security of supply, energy efficiency, preserving and protection of the environment, reduced dependence on weather conditions during transport, as well as the steady regional development.
Construction of the First Facility of the Products Pipeline System is envisaged in three phases: construction of the products pipeline connecting Oil Refinery in Pancevo with the existing storage tanks in Smederevo and Novi Sad; construction of new storage tanks in Pancevo and Smederevo and providing conditions for further transport.
Pan European pipeline (PEOP) is the energy corridor that provides sustainable and diversified sources of energy, both for the countries of the European Union and the countries along the corridor rout. It is recognized as a project of pan-European interest with a mechanism that contributes to safe, sustainable, efficient and competitive European energy network.