Croatian oil pipeline operator JANAF said on Friday it had signed an agreement with the Serbian oil company NIS on crude oil transport for this year.

Under the agreement, NIS booked JANAF’s transport capacity for 2,750,000 tonnes of oil plus/minus 10 percent. JANAF expressed satisfaction with the agreement, saying it was a good start to the new business year.

NIS is majority-owned by Russian oil giant Gazprom Neft, which holds slightly over 56 percent of shares, while the Serbian government holds slightly less than 30 percent.