Romania interested in construction of Constanta-Omisalj oil pipeline

Mar 08, 2004 01:00 AM

The construction of Constanta-Omisalj oil pipeline, for the transport of oil from the Caspian Sea, is one of the main points of interest in the Romanian-Croatian economic relation, said Premier Adrian Nastase during the visit of his Croatian counterpart in Romania.
He reasserted the interest of the Romanian party in starting up this project, considering that the feasibility study has favourably endorsed this project, while Croatian PM Sanader announced that the Italian authorities have expressed their interest for the extension of the project up to Trieste.

Moreover, the project is supported by the representatives of the relevant companies in the two countries, i.e. Petrom, Oil Terminal (from the Romanian party) and Ina Naftaplin along with Janaf (from the Croatian party).
On another hand, the well-known Croatian firm Podravka has announced its intention to make a green field investment for the opening of a productive entity in Romania.

Considering that Romania will assume next May the presidency in the South-East European Cooperation Project (SEECP), the further intensification of the economic relations with Croatia will gather an important momentum, estimated the two dignitaries.

Source: seeurope.net
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