Slovakia and Austria to be connected by oil pipeline

Oct 16, 2009 02:00 AM

Slovakia and Austria have signed a deal to connect their oil pipeline networks as part of efforts to secure alternative energy supplies, Slovakia's Economy Ministry said.
According to the deal signed by Slovakia's Economy Minister Lubomir Jahnatek and his Austrian counterpart Reinhold Mitterlehner, the two counties will build a new 62-km (39-mile) pipeline that will link the Friendship pipeline which brings Russian crude oil to Slovakia with a refinery in Schwechat.

Slovakia's company Transpetrol and Austria's OMV, central Europe's largest oil and gas company, have formed a joint company to build the pipeline whose capacity will be up to 5 mm tpy, the economy ministry said.
Construction is scheduled to begin in 2012.

As part of the deal, the two countries will take measures to make it possible for Slovakia to receive more natural gas from Austria. Currently, only part of the Slovak capital, Bratislava, can receive gas from Austria.
Slovakia, which almost entirely depends on Russian gas, was among the nations hit hardest by Europe's natural gas cut-off of Russian gas shipments via Ukrainian pipelines in January.

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