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Romania, Croatia, Serbia Ink Constanta-Trieste Oil Pipeline Deal

Representatives of Romania, Croatia and Serbia have signed Tuesday in Bucharest the agreement to build the Pan-European Oil Pipeline linking Constanta in Romania to Trieste in Italy.
Romania, Croatia, Serbia Ink Constanta-Trieste Oil Pipeline Deal
22 apr. 2008, 14:58, English

However, the deal still needs to be signed by Italy and Slovenia.

"Without Italy and Slovenia there will be no project", said Vladimir Vrankovic, CEO with Croatia’s Janaf.

The 1,400 kilometer-long Constanta-Trieste oil pipeline is estimated to cost some $2.6 billion and is slated for service in 2012.