The decision was the result of the talks between Romanian energy minister Razvan Nicolescu and Serbian counterpart Aleksandar Antic, Energy Ministry said in a statement Friday. The ministers also had talks on the collaboration between Romania and Serbia in the energy sector.
The Constanta -Pancevo project is a much shorter version of the proposed Pan European Oil Pipeline, or PEOP, which was supposed to connect Romania’s Constanta to the Italian city of Trieste, via Serbia, Croatia and Slovenia, and was aimed at reducing EU energy dependence on Russia and the countries in the Middle East.
The PEOP project was abandoned after Italy, Slovenia and eventually Croatia withdrew their support. Following the withdrawal of the other countries from PEOP, Romania and Serbia reevaluated the project and created a new route, Constanta-Pancevo.