Tuesday, April 11, 2006

Oil and Gas: Romania to Italy pipeline gets support from Serbia

Deputy Serbian Premier Miroljub Labus, has said Serbia supports private-public investment in a Romania-to-Italy oil pipeline passing through Serbia.

UPI, reports that the proposed pipeline would carry 40 million tons of oil a year from the Caspian Sea area through Romania's Black Sea port of Constanta via Serbia's Pancevo oil processing complex at Belgrade, Croatia's Omisalj on the northern Adriatic island of Krk, and end at Italy's northern Adriatic port of Trieste.