Croatia's JANAF receives extended US license for NIS cooperation

JANAF, a key energy infrastructure operator, has successfully secured an extended license from the U.S. Office of Foreign Assets Control (OFAC). The license, valid until September 30, 2026, is crucial for maintaining the company's ongoing cooperation and fulfilling contractual obligations with NIS.

The company, in collaboration with the Croatian government and with legal assistance from its U.S. legal counsel, views this development as a significant step in ensuring operational continuity. The extended license permits JANAF to continue its business operations and meet its commitments in accordance with the current sanctions regime and applicable regulations.

JANAF emphasized its unwavering focus on ensuring the security of energy supply and maintaining the stability of the energy system in this part of Europe. The company reiterated its position as a reliable partner and a critical operator of strategic energy infrastructure, underscoring the importance of this license for regional energy security.

This development is particularly significant given the complex geopolitical landscape and the role of energy infrastructure in international relations. The ability to continue working with NIS under these conditions highlights JANAF's strategic importance and its capacity to navigate international regulatory frameworks.