This is an extract from
http://uk.reuters.com/article/oilRpt/idUKL49836420090204
An oil pipeline intended to link the Caspian basin and Italy appears to be in doubt due to a lack of clear commitment from the partners, the head of Croatian oil pipeline operator Janaf JANF.ZA said on Wednesday.
Croatia, Romania, Serbia, Slovenia and Italy signed an agreement in 2007 on building the Pan-European Oil Pipeline (PEOP) to bring crude from the Caspian basin via the Romanian Black Sea port of Constanta to Trieste in Italy.
First projections said it could become operational in 2012.
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Apparently, there seems to be some confusion in the completion.