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Hungary-Serbia Oil Pipeline Project

Sector: Oil and Gas • Location: Százhalombatta, Algyő, Röszke, Novi Sad, Hungary, Serbia, Hungary, Serbia, Russia

Source: TFIGlobal

Project
Planned

A new oil pipeline planned to be built jointly by Hungary and Serbia with Russia playing a supply and support role. The pipeline will transport 4 to 5 million tons of crude annually and is expected to be operational by 2027. Hungary will construct approximately 180 kilometers along the Százhalombatta-Algyő-Röszke corridor, while Serbia will build around 120 to 128 kilometers linking from Algyő to

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Project Information

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The project “Hungary-Serbia Oil Pipeline Project” is an infrastructure initiative in the Oil and Gas sector, located in Százhalombatta, Algyő, Röszke, Novi Sad, Hungary, Serbia, Hungary, Serbia, Russia. Taiyo aggregates data on it from TFIGlobal.

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Participants

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planned

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Description

Description

A new oil pipeline planned to be built jointly by Hungary and Serbia with Russia playing a supply and support role. The pipeline will transport 4 to 5 million tons of crude annually and is expected to be operational by 2027. Hungary will construct approximately 180 kilometers along the Százhalombatta-Algyő-Röszke corridor, while Serbia will build around 120 to 128 kilometers linking from Algyő to Novi Sad. The pipeline will connect to the Druzhba pipeline, the main conduit for Russian oil imports in Central and Eastern Europe. The project is developed by Hungary's MOL Group and Serbia's Transnafta and aims to safeguard against rising energy costs due to EU sanctions on Russian oil and gas imports.

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Source

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High

Data quality score

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