Hungary and Serbia have agreed to build a new crude oil pipeline spanning 128 km long between the southern Hungarian town of Algyo and Serbia’s Novi Sad, Hungarian Foreign Minister Peter Szijjarto said at a conference in Belgrade on Wednesday.

“This pipe will be constructed under cooperation between MOL MOLB.BU and Transnafta,” Szijjarto said in a live video of the conference on Facebook. “An agreement will be signed on June 20, at a Hungarian-Serbian government meeting”.
Source: Reuters (Reporting by Boldizsar Gyori, editing by Jason Hovet)