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Downstream

The downstream segment includes four enterprises in Bosnia and Herzegovina — a refinery in Brod, a motor oil plant in Modriča, the OPTIMA Grupa trading company in Banja Luka, and the Nestro Petrol retail chain with fuel stations located throughout the territory of BiH.

The Brod refinery, which celebrated its 130th anniversary in 2022, was redesigned as a production site for the implementation of promising projects related to the transshipment and storage of petroleum products, as well as the development of gas projects. At the end of 2021, a gas filling compressor station for the production of compressed natural gas was put into operation at the enterprise, and a direct gas pipeline connecting the plant with the Croatian gas transmission system was commissioned. In 2023, it is planned to complete the construction and commissioning of the receipt and shipment points for light and dark oil products at the Brod refinery, which will be the first step towards creating a large hub.

Modriča motor oil plant has been producing motor oils, lubricants and process fluids since 1957. This is the only motor oil plant in Bosnia and Herzegovina. Its products range includes more than 230 items of the highest quality products. Products are certified by the world’s leading automakers and are supplied to 23 countries around the world.

Nestro Petrol is the largest fuel station network in Bosnia and Herzegovina. It includes 86 modern fuel stations with a wide range of additional services for consumers. Fuel stations mainly sell gasoline and diesel fuel, including high-quality branded N+. Particular attention is paid to the conversion of fuel stations to more environmentally friendly types of fuel — LPG, CNG, electric vehicle charging.

OPTIMA Grupa is the largest wholesale trader of petroleum products in Bosnia and Herzegovina and one of the largest in the Western Balkans. The volume of sales of petroleum products in 2022 exceeded 300 thousand tons.