Planned Black Sea-Adriatic oil pipeline route changed

Nov 08, 2004 01:00 AM

The five countries planning to build a crude oil pipeline which aims to link the Romanian Black Sea Port of Constanta to Italian Adriatic ports said that the initial route had been changed, and also deciding to increase the annually transport capacity to 60 mm tons from up to 10 mm initially.
Representatives of Romania, Serbia, Monte Negro, Slovenia, Croatia and Italy said that following a feasibility study, the link with Croatian crude oil terminal Omisalij has been dropped amid environmental issues, being preferred a route through Croatia and Slovenia towards Italian port of Trieste.

At that point the pipeline forks in two, with one way to be connected to Trans Alpine Pipeline which fuels Austria and Germany, while other arm going to Venice (probably Marghera port) to supply crude oil refineries located in northern Italy.
The 1,360 km pipeline, named "The Pan European Pipeline", aiming to link Constanta port to Adriatic Sea is seen as the short way for the Caspian crude oil to western markets.

The overall project was estimated at some $ 1 bn.
The European Union granted Romania EUR 2.1 mm for a feasibility study aiming establish the best route for the planned crude oil pipeline.

Source: InvestRomania
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