Serbia expects to quickly reach an agreement with Hungary on the construction of an oil pipeline to the Druzhba system, Serbian Deputy Prime Minister Aleksandar Vulin told journalists, according to Report.
"I expect that we will reach an agreement with Hungary very quickly. As you know, we have a project for this oil pipeline, and we are already working on coordination with the Hungarian side," he said.
"We hope to reach an agreement with Hungary next year," added the Deputy Prime Minister.
The construction of the oil pipeline between Hungary and Serbia is expected to be completed by 2026. The new branch will be connected to the Druzhba pipeline and will allow Serbia to diversify its oil supplies and not depend on Croatia.
