* "The Romanian state should not be considering the privatization of the terminal, but to pay particular attention to helping control the entries and exits of oil products in the port of Constanţa"
* "You can't sell Oltchim bundled with Oil Terminal"
* (Interview with Mr. Sorin Ciutureanu, general manager of Oil Terminal)
Reporter: What can you tell us about the construction of the in Piteşti-Pancevo oil pipeline, in which Oil Terminal is involved, along with Conpet, Gazprom and Transnafta?
Sorin Ciutureanu: "Oil Terminal" is part of the PEOP, a project which consists of providing the transit of the crude oil from the port of Constanţa to the Trieste Terminal, in order to bypass the Turkish straits and reduce costs for the transport of crude oil from the basin of the Black Sea to Central and Western Europe.
Due to the non-involvement of Croatia, Slovenia and Italy, this project has remained under the coordination of Romania and Serbia, which led to its reorientation towards a regional project with a sole end-beneficiary - the NIS GazpromNeft Serbia refinery, which has a capacity of 5 million tons of crude oil per year.
The representatives of the project development company (Transnafta, Conpet and Oil Terminal) met earlier this year at Romanian-Serbian Mixed Commission level, and independent company levels, with the representatives of NIS, in order to present and endorse the opportunity of building the pipeline, which would connect the current Romanian national infrastructure with the Serbian refinery. The end benefits were presented, such as the estimated reduction of the cost of transporting the oil from Oil Terminal to Pancevo, using the pipelines of Conpet, the far shorter delays of the shipping from Novorosisk (the main port on the Black Sea for the export of crude oil) to Constanţa compared to those of the current rout
