The NIS refining complex in Serbia has two refineries in Pančevo and Novi Sad. They have a combined maximum annual capacity of 7.3 million tonnes of crude oil. Total refining volumes in 2016 were 3.3 million tonnes, a one-percent increase year-on-year.
Today, the plant’s capacity means it can meet all consumer demand on the local Serbian market, as well as exporting fuel to countries throughout the Balkans, exporting motor fuels, benzene (carbon oil), toluene and road and construction bitumens to countries in the European Union, Croatia, Montenegro and Bosnia and Herzegovina.
NIS completed the first phase of modernising its Pančevo refinery in 2012, allowing the company to transfer to the exclusive production of Euro-5 fuels.
The refinery continued the implementation of its “Deep Refining” project — a key initiative in the second phase of modernising NIS refining facilities — throughout 2016.