Article: Romania: Romania signs memorandum for associating to company to develop PEOP.

Byline: manish03

Romania, represented by Oil Terminal and Conpet, has signed the memorandum and articoles for associating to the company that will develop the PEOP project, informs a release sent on Thursday to the Bucharest Stock Exchange.

The other shareholders of the inter-state company are JP Transnafta Pancevo (Serbia) and Jadranski Naftovod (Croatia).

The members of the Board of Directors from each company that is shareholder in the PEOP Project Constanta-Trieste were appointed in the first meeting. The general manager of the said company will be chosen in the next meeting, which will be held August 25 - September 5 period.

Oil ...

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