Croatia To Become Part of the Pan European Oil Pipeline Project
February 26th, 2008
Zagreb, February 26 (CP) — Croatia together with Italy, Romania, Serbia and the European Commission has reached an agreement over the start of the setting up of the Pan European Oil Pipeline (PEOP) project.
Some 1350km of pipeline will have to be constructed for transporting oil from the Black Sea to Trieste and Genoa, Italy, securing oil supplies for Western Europe.
The oil pipeline will pass through Romania, Serbia, Croatia and Italy.
Some 423km of the oil pipeline will be passing through Croatia, probably along the existing route of the Janaf’s pipeline, from the Serbian border to the Omisalj terminal.
Slovenia, which was also to become part of the project, has opted out. The finalisation of the effort is expected in two year’s time.
News Info: News in Business, Environment, Tagged: PEOP
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