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  • Plans hatch for continental oil pipelines

    12/28/2005 3:10:28 AM PST · by kronos77 · 3 replies · 399+ views
    B92 ^ | december 27th 2005.
    According to People's Daily online, Serbian Assistant Minister of Energy and Mining Slobodan Sokolovic said that relevant ministries in Serbia, Croatia and Italy will be signing a memorandum of intent by mid-January in Rome, adding that Slovenia is expected to participate as well. Sokolovic said that an agreement would launch a company for the development of the oil pipeline project, whose primary task would be to work out all the needed studies and state accords. According to assessments, the building of the 1,500 km oil pipeline from the Romanian port of Constanza to Italy's Trieste would cost about two billion...