The new oil pipeline could be finished in 20 months

According to Professor Stevica Deđanski, from the International Cooperation Development Centre, “the construction of a new pipeline that would supply Serbia with the cheaper oil from the Urals, which the country agreed on two days ago with Hungary, means, first of all, a diversification of supply sources, i.e. that we do not depend only on Croatia, a country that uses every opportunity to harm Serbia. This will no longer be possible in the future, and by building oil pipelines and new interconnections, mainly with friendly countries such as Greece, Bulgaria, Romania and Hungary, Serbia will ensure its energy stability”.

“The pipeline could be completed in less than 20 months if the construction starts immediately, and it will start. If everything goes according to plan, it is possible that it could be built even sooner. A realistic estimate is that the pipeline will cost around EUR 100 million or so. But considering that transit via the Adriatic pipeline JANAF costs us 48 million per year, it is not too much,’ Deđanski underlines.

Asked whether the construction of another oil pipeline had ever been considered, given that JANAF was assigned to Croatia after the break-up of Yugoslavia (although it was built with Serbian money), the expert replied that ‘until now, it had not been a problem, because we thought that everyone respected their obligations and that there was no need for it because Serbia is a conscientious customer’.

As reported by the Beta news agency, two options for connecting the Druzhba pipeline are being considered, according to the Ministry of Energy. The first segment will stretch all the way to the Hungarian town of Szeged.

The oil that would be transported via this pipeline segment would supply the Pančevo refinery. The segment will be 128 kilometres long (104 of which are on Serbian territory), and the estimated value of the investment is 83 million euros, or 64 million of the Serbian segment. Another option is the construction of a 400-kilometre-long segment from Novi Sad to Szazhalombatta, and the estimated value of the investment is approximately EUR 240 million.

The Druzhba oil pipeline, in operation since 1964, is the longest oil pipeline in the world (4,000 kilometres). It begins in Samara, Russia and then splits into northern and southern segments, passing through the territories of Belarus, Ukraine, Poland, Germany, the Czech Republic, Slovakia, Hungary, Latvia and Lithuania.

(Politika, 12.10.2022)

This post is also available in: Italiano

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