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Hungary, Serbia agree to build pipeline to ship Russian oil to Serbia

A part of the newly inaugurated Arab Gas Pipeline Project is seen near the Egyptian town of Taba, Sunday 27 July 2003, where Egyptian President Hosni Mubarak and Jordan's King Abdullah open the first phase of the pipeline that will eventually carry natural gas from Egypt to Jordan, Lebanon, Syria, Turkey and onto Europe. The first part of the pipeline which will provide Egyptian gas to Jordan was opened today with 16 km of the pipeline going under the Gulf of Aqaba to the port city of Aqaba, Jordan. EPA PHOTO/EPA/STR

BUDAPEST, Oct 10 (Reuters) – Hungary and Serbia have agreed to build an oil pipeline that would allow Serbia to be supplied with Russian Urals crude via the Druzhba oil pipeline, the Hungarian government spokesman said on Monday.

“The new oil pipeline would enable Serbia to be supplied with cheaper Urals crude oil, connecting to the Friendship oil pipeline,” Zoltan Kovacs tweeted. He added that at present Serbia’s oil supply was largely via a pipeline through Croatia, “but this is unlikely to be possible in the future because of the sanctions that have been adopted”.

(Reporting by Krisztina Than Editing by Mark Heinrich)

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