Transnafta has launched a tender for services to assess the Serbia-Hungary oil pipeline project within the framework of international relations in Europe. The tender documentation outlines the need for a comprehensive strategic analysis focused on evaluating national risks for Serbia, emphasizing the importance of enhancing energy security through diversified crude oil transport amid shifting geopolitical landscapes.
Energy security is crucial for Serbia’s national security and economic growth. Given the current complex geopolitical environment, this analysis will not only address diversification of energy sources but also necessitate significant investments in energy infrastructure. The project will provide a summary overview of key findings and recommendations, identify essential research outcomes, and review Serbia’s current oil situation, including sources, imports, and infrastructure.
The assessment will also explore the need for alternative oil transport routes and conduct a detailed analysis of the security and geopolitical changes since 2022. It will examine global energy security factors and Serbia’s relationships with major world powers and their impact on the project.
Risks related to political, economic, security, and environmental aspects will be analyzed. The final report will summarize the main conclusions and outline recommendations for future decision-making, supplemented by multimedia materials for better comprehension of the results.
The contract execution deadline is set for 120 days from signing, with bids due by October 22. Currently, Serbia’s crude oil supply relies solely on the Croatian JANAF pipeline, while the new pipeline aims to transport oil from the Russian Druzhba pipeline via Hungary. Minister of Mining and Energy Dubravka Djedovic has stated that construction is targeted to begin next year, with the 128-kilometer pipeline expected to be completed by 2027, carrying an estimated project value of €157 million for the Serbian segment.
