• 4 minutes Tariffs to derail $83.7 Billion Chinese Investment in West Virginia
  • 9 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 17 minutes Kaplan Says Rising Oil Prices Won't Hurt US Economy
  • 39 mins Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 48 mins Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 16 hours Corruption On The Top: Netanyahu's Wife Charged With Misuse of Public Funds for Meals
  • 2 hours Why is permian oil "locked in" when refineries abound?
  • 5 hours Saudi Arabia turns to solar
  • 9 hours Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 5 hours Teapots Cut U.S. Oil Shipments
  • 22 hours Gazprom Exports to EU Hit Record
  • 4 hours Oil prices going down
  • 5 hours Hot line, Macron: Phone Calls With Trump Are Like Sausages Best Not To Know What Is Inside
  • 18 hours U.S. Withdraws From U.N. Human Rights Council
  • 6 hours Putin Says 'Fierce' U.S. Politics Hindering Summit With Trump
  • 22 hours OPEC Meeting Could End Without Decision - Irony Note Added from OPEC Children's Book
  • 21 hours Could oil demand collapse rapidly? Yup, sure could.
  • 21 hours Sell out now or hold on?
  • 20 hours What If Canada Had Wind and Not Oilsands?
Permian Discount Could Rise To $20 Per Barrel

Permian Discount Could Rise To $20 Per Barrel

Midstream constraints plaguing Permian drillers…

Goldman: Expect Another Bull Run In Oil

Goldman: Expect Another Bull Run In Oil

While oil prices are tumbling,…

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