South Stream Soon to Take Action in Serbia

A meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Dusan Bajatovic, Director General of state-owned Srbijagas took place today during the St. Petersburg International Economic Forum 2014.

The parties addressed the progress with the South Stream in Serbia as well as the construction of the Banatski Dvor UGS facility. In particular, they discussed financing of the gas pipeline construction in Serbia as well as the ongoing bidding procedure for designing and constructing the Serbian section. It was pointed out that the bidding procedure was nearing completion and the relevant agreement would be concluded soon.

[mappress]
Press Release, May 23, 2014; Image: Gazprom