• 4 minutes Will Libya Ever Recover?
  • 9 minutes USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 13 minutes What Can Bring Oil Down to $20?
  • 16 minutes Venezuela continues to sink in misery
  • 16 hours Alberta govt to construct another WCS processing refinery
  • 3 hours Rage Without Proof: Maduro Accuses U.S. Official Of Plotting Venezuela Invasion
  • 7 hours Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 7 hours Instead Of A Withdrawal, An Initiative: Iran Hopes To Agree With Russia And Turkey on Syrian Constitution Forum
  • 18 hours Let's Just Block the Sun, Shall We?
  • 8 hours Water. The new oil?
  • 4 hours Storage will in time change the landscape for electricity
  • 2 days Quebecans Snub Noses at Alberta's Oil but Buy More Gasoline
  • 2 days U.S. Senate Advances Resolution To End Military Support For Saudis In Yemen
  • 2 days OPEC Cuts Deep to Save Cartel
  • 7 hours Regular Gas dropped to $2.21 per gallon today
  • 2 days Global Economy-Bad Days Are coming
How Tech Is Transforming The Cannabis Sector

How Tech Is Transforming The Cannabis Sector

Cannabis stocks fell into a…

These Countries Found The Most Oil In 2018

These Countries Found The Most Oil In 2018

Crude oil discoveries picked up…

Italian Companies Interested in Building Gas Pipeline Through Bosnia

A memorandum of understanding was signed on the construction of a gas pipeline between Bosanski Brod and Zenica earlier this month.
 
The best route for the projected pipeline increasingly appears to be "the Adriatic Route," which would transit Bosnia-Herzegovina on its way to Split in Croatia.
 
Companies interested in the Adriatic Route project include Britain’s BP and Italy's Azienda Generale Italiana Petroli (AGIP), Dnevni List reported.
 
According to Belgrade Professor Argam Naim, who has done a preparatory document for a feasibility study, the Adriatic Route is the best route for the pipeline and it does not matter whether the pipeline's starting point is Ploce or Neum as natural gas along with oil would be transported by tankers to the Adriatic, allowing the Balkan states to obtain LNG via maritime shipments directly from Arab states, Scandinavia, Latin America, and Indonesia. The end result would be to free the region from the hydrocarbon politics of Russia and Ukraine, whose nearly annual squabbles over pricing currently result in pipeline disruptions.
 
Naim said, "Envisaged is the transport of liquid natural gas by boat to a terminal to be built in the Ploce Harbor or the Neum Harbor, where the gas is stored. Natural gas is then transported to the final destination via Bosnia-Herzegovina, Croatia, and Hungary.”

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News