Serbia would build a crude oil pipeline from Úvidék to the Hungarian border, and the country also plans to buy into the Paks nuclear power plant - Serbian President Aleksandar Vucic said on Saturday in Belgrade.
Vucic's televised address to the nation covered a number of current topics, from resolving the situation in Kosovo to energy issues. He said that apart from this year, the next two winters will be extremely difficult for Serbia.
He reminded that Serbia has a single pipeline that transports crude oil arriving on the Croatian island of Krk, however, since "Croatia has proven to be an unreliable supplier in recent days" according to the president (who indicated that Zagreb had initiated: Serbia should not be exempted from buying Russian crude oil arriving by ship after the entry into force of the EU's oil sanctions against Russia), Belgrade "got the message", just as it understood "the gas message of Russian partners, who did not provide the necessary amount" of this energy carrier, and is therefore forced to diversify its supply.
"Serbia will build an oil pipeline from the city of Újvidék to the Hungarian border to connect to the Hungarian oil pipelines," said Vucic, who said this investment could cost around 100 million euros and would take 18-24 months to build.
According to the president, his country intends to invest at least 12 billion euros in energy infrastructure over the next six years.
"We are also negotiating with Hungary to make our relations even closer so that Serbia becomes a co-owner of Paks I and Paks II. for nuclear power plants," said Vucic, who said that his country would either buy the ownership part or ensure proportional Hungarian ownership in Serbian companies.
Source: Magyar Hírlap
Image: EPA
