“In March 2019 begins on the territory of Serbia the construction of the gas pipeline that will connect with the Turkish stream pipeline. Serbia’s Public Gas Corporation (SrbijaGas) Director Dushan Bajatovic said work on the construction of the pipeline from the Bulgarian to the Hungarian border will begin in the first half of March in 2019 and will be completed by 2020.

The section of the pipeline across Serbia will be 403 kilometers long and will cost about 1.8 billion euros. Its funding will be secured by private funds, and this is the reason why, within this month, a call for expressions of interest will be announced by companies wishing to exploit the pipeline for 20 years, Dushan Bajatovic said in an interview with a private television channel. He also said that in an informal procedure of expression of interest, Serbian SrbijaGas, Russian GasProm, Hungarian MET, as well as major European gas companies, have been registered to participate.” (IBNA)

Image: IBNA