The pipeline for the transport of Russian oil from Hungary to Serbia can be built in eighteen months, said Hungarian Foreign Minister Peter Szijártó.
“It will take about a year and a half to build a pipeline with which we will be able to support the security of supply to Serbia,” said Szijártó at the “Russian Energy Week” forum held in Moscow, and reported by Russian media.
It was announced earlier that Serbia and Hungary are considering the construction of an oil pipeline for the supply of oil from the Druzhba oil pipeline through which Russian oil is delivered to Europe.
Druzhba, owned by the Russian state company Transneft, is the longest oil pipeline in the world and one of the largest by which oil is transported from Tatarstan, with a length of about 4,000 kilometers.
From Russia, the pipeline goes to Belarus, from where it splits into two directions. One goes through Poland to Germany, and the other transports oil through the territory of Ukraine. From there, one part of the oil goes to Slovakia and the Czech Republic, and the other to Hungary and Croatia.
The oil pipeline was built in 1964, with the aim of the then Soviet Union supplying oil to the members of the Warsaw Pact.