Technical and Economic Study for Oil Transit Pipeline

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Background

Country:

Romania

Duration:

Start date:

April 1, 2004

End date:

February 1, 2005

Budget:

€2,058,000.00

Funding:

PHARE 2002

Client / Contractor:

Partner / Sub-contractor:

Hill International, Scott Wilson, Parpinelli Tecnon

Objective

To evaluate the technical feasibility, economic viability, and geopolitical value of constructing a crude oil pipeline linking Constanța to Omišalj, supporting the diversification of supply routes and enhancing infrastructure connectivity across Southeastern Europe.

Results

The study confirmed that the proposed oil transit pipeline is both technically feasible and economically justified, offering Romania a strategic opportunity to strengthen its role in regional energy transit.