Middle East Economic Survey

VOL. LI

No 30

28-July-2008

REGIONAL/CASPIAN

PEOP Consortium Signs MOU For Bosporus Bypass Pipeline

Four companies from Romania, Serbia and Croatia signed a memorandum of understanding (MOU) on 18 July in Bucharest for the construction of the Pan European Oil Pipeline (PEOP) project, intended to deliver Caspian Sea region crude from Romania to the Italian port of Trieste via Serbia and Croatia (MEES, 17 March). Romanias SC Oil Terminal SA and SC Concept SA, Serbias JP...