PanEuropean Oil Pipeline

PanEuropean Oil Pipeline
- commercial and technical issues -
September 2009
Srdjan Mihajlovic, general manager
TABLE OF CONTENT
1. Public Enterprise Transnafta – fact sheet
2. Paneuropean Oil Pipeline – PEOP
3. Project Development Company – PDC
4. PEOP – Carrying for Environment
5. EU benefit from PEOP
1. PE TRANSNAFTA – FACT SHEET
- Public Enterprise founded by the State of Serbia in 2005 and registered for
pipeline transport of crude oil and petroleum products and storage
- Supplying 2 refineries with crude oil – Novi Sad and Pančevo
- Total average transport volume – 3 mil.t/anum (domestic production and
imported crude oil)
Picture 1
- Currently operating on a section of ex-Jadran
crude oil pipeline in length of 155km from
Croatian border to refinery in Pancevo
Please refer to Picture 1
- Omisalj (HR) – Serbian Border - 420km length
PE TRANSNAFTA – FACT SHEET
Picture 2
DEVELOPMENT PROJECTS
1.PanEuropean Oil Pipeline - PEOP
2.Petroleum Product Pipeline System in
Serbia (picture 2) - contributing to and
supporting state of Serbia intention to create
safe and secure, sustainable and ecological
accepted system of transport and supply of
petroleum products
3.Creation of new storage capacities
Council Directive 2006/67/EC of 24 July 2006
2.
PEOP
PANEUROPEAN OIL PIPELINE - PEOP
Provides energy security of crude oil supply to West Europe – Secure, Continuous/Sustainable,
Efficient and Competitive European Energy Network – Green Paper
Picture 2
PEOP on the map
INOGATE
Project of Pan-European
interest!
Please refer to Picture 2.
Possible connection via Genoa
to Marseille, France to build additional appx. 200km to
connect with the existing pipelines
Constanta – Marseille 1850 km
Crude Oil Pipelines in surrounding
Countries
BACKGROUND STUDIES
- Aug 2002, HLP-PARSONS
Croatian Ministry of economy received the grant from USTDA for the
feasibility study for the Constanta-Pancevo-Omisalj-Trieste CPOT pipeline
- 2005, HILL INTERNATIONAL CONSORTIUM
Romanian government received a grant from EU Phare Programme for
the feasibility study for the Romanian segment of the pipeline and overall
market economic study of the project
-March 2005, INTERNATIONAL ADVISORY BOARD (IAB) FOR PEOP PIPELINE
PROJECT - PEOP Pan European Oil Pipeline Project,
A feasibility study prepared for IFC and for Interstate Committee of PEOP
PEOP Fact sheet
PEOP: Constanta - Trieste (Romania, Serbia, Croatia, Slovenia and Italy)
Total length 1.320 km
Serbian part 195 km
Estimated optimum capacity - 40 MTA of crude oil
Estimated investment volume appx. 3 bil. $ for 1320 km route
Transport crude oil of Caspian and Black Sea Region Oils
6 refineries to feed with the oil on the route
Connection to TAL and NIL pipeline systems in the perspective
In line with the routes of CONPET, TRANSNAFTA & JANAF
CORE MARKET FOR PEOP
Industrial heartlands of Northern Italy,
Germany, Austria and Czech
Existing Pipeline system fed from
Trieste and Genoa, is been
supplied by tankers using the
Adriatic and Mediterranean Seas
– additional LOAD/UNLOAD!
http://www.porto.genova.it/uk/porto/terminal/p.petroli3.jpg
PEOP – Building plan
Existing infrastructure!
Total
% of the total
oil pipeline
length
Country
Existing
Planned for
building
Romania
0
635
635
48.5
135
195
14.9
440
33.6
Serbia
60
Croatia
400
40
(from Melnice to
SLO border)
Slovenia
0
30
30
2.3
Italy (Trieste)
0
10
10
0.7
TOTAL
460
850
1310
100
Production capacity protection – 6 refineries on the route!
3. PROJECT DEVELOPMENT
COMPANY PDC
•
SHAREHOLDERS AGREEMENT (SHA) – SIGNED ON 22nd APRIL
2008 IN BUCHAREST BY ROMANIAN, SERBIAN AND CROATIAN
OIL TRANSPORTATION & TERMINAL COMPANIES WITH OPEN
ACCESS TO ITALIAN AND SLOVENIA COMPANIES
•
PDC – INCORPORATED IN LONDON IN 2008, UK
•
The main task of the PDC
CONFERENCE
to organize INVESTMENT
PDC Main Project Objectives
PEOP: Constanta – Trieste (Romania, Serbia, Croatia, Slovenia and Italy)
To define a possible supply from the Black Sea oil terminals and a demand for crude
oil in the Central Europe
To define the environmental impacts and mitigation measures
To assess a pipeline corridor in terms of geo-hazards, technical feasibility and
constructability
To provide an overview of legalities and legal framework for investment, ownership
structures and necessary permissions to allow construction
To define potential next steps and assist with an application for financing
4. PEOP – Carrying for Environment!
Reduction of pollution of
Black Sea, Aegean Sea, Mediterranean & Adriatic Sea!
Solution to Bosporus problems:
- Heavy & dangerous traffic
with no possibility of volume increase
- Constant pollution of air, water and soil
PEOP environmental effects:
- No Oil Pollution (tanker oily ballast water)
- Risk reduction of accidental discharges
- Preservation of sea bio diversity
- Water quality improvement
- Air pollution decrease
- Less invasion of non-native species
TANKER TRAFFIC IN THE NORTH
OF THE ADRIATIC SEA
• WITH PEOP – REDUCTION of Tanker transport FOR APP. 50
MTA
G. Sekulić, JANAF, Croatia - PEOP Strategic pipeline for Europe, Energy Conference Package, Ljubljana 13.12.2006
5. OVERALL POSITIVE IMPACT OF PEOP
1. Preventing disruption of supply of crude oil and petroleum derivates at a
national/regional level – Council Directive 2006/67/EC – member countries
to maintain minimum stocks of crude oil and petroleum products;
2. Sustainable supply and enabling increase of transport volume from Caspian
basin;
3. Appropriate use of existing facilities, stranded assets, corridors and
terminals;
4.
Base for tangible market opening and third party access (TPA) to
infrastructure in order to facilitate regional trade and security between Black
Sea, Mediterranean and Danube (Central Europe) markets and elevate
monopolistic threats
5.
No additional reloading – all other alternative pipelines need additional
reloading(s)! (pipe-into-pipe with TAL and NIL pipelines in Italy and
DRUZHBA – ADRIA pipeline in Croatia)
6. All other alternative pipelines require more involvement of port and tankers!
Public Enterprise TRANSNAFTA
Contact details:
Contact person:
General Manager
Mr. Srdjan Mihajlovic
E-mail address: srdjan.mihajlovic@transnafta.rs
www.transnafta.rs