A Signed Document Defining the Technical Specifications of the Serbia-Hungary Oil Pipeline

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Representatives of Transneft and the Hungarian company MOL signed a document in Belgrade today defining the technical specifications of the Serbia-Hungary oil pipeline, with the planned capacity of the pipeline being up to five million tons of crude oil per year, while the length of the pipeline on the Serbian side will be 113 kilometers.

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Representatives of Transnafta and the Hungarian company MOL signed today in Belgrade the document defining the technical specifications of the oil pipeline Serbia-Hungary, in the presence of the Minister of Mining and Energy Dubravka Đedović Handanović and the State Secretary in the Ministry of Foreign Affairs and Trade of Hungary Čaba Marošvarij.

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"I expect that work on the construction of the oil pipeline will begin next year," said Đedović Handanović.