Hungary, Serbia Build Pipeline to Preserve EU Energy Security
Hungary, Serbia Build Pipeline to Preserve EU Energy Security

Hungary, Serbia Build Pipeline to Preserve EU Energy Security

News summary

Europe is actively expanding its oil and gas pipeline infrastructure to reduce dependence on Russian energy and enhance energy security. Hungary and Serbia are collaborating on a new crude oil pipeline expected by 2027, aimed at preserving affordable utility costs amid EU pressures to cut Russian supplies. Poland is developing nearly 1,516 km of new gas pipelines by 2028, complementing recently completed cross-border routes with Lithuania and Slovakia, while Italy plans nearly 1,923 km of pipelines to become the Mediterranean's energy hub. The U.K. is focusing on pipelines that support carbon capture and storage, including the Northern Endurance Partnership and Liverpool Bay CCS projects. Germany is adding 355 miles of high-capacity pipelines to support LNG imports, reflecting a broader European strategy to diversify energy sources and strengthen infrastructure across multiple countries. These initiatives signify a significant shift toward new and expanded energy corridors to maintain stable supply and lower energy costs amid geopolitical challenges.

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Last Updated
11 days ago
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