Srbijagas, Gazprom to try launch South Stream construction in Serbia in Q4 2013.

By bne IntelliNews March 4, 2013
Serb gas monopoly Srbijagas said that it and its partner - Russia's Gazprom, have agreed to put all efforts in launching the construction of the Serbian section of the South Stream gas pipeline in the last quarter of this year. The agreement was reached at last week's meeting between Srbijagas CEO Dusan Bajatovic and the head of Gazprom's project management department, Leonid Chugunov, the Serb company said in a statement. They will both run the project via a newly set up joint venture firm. The cost of the 470-km pipeline stretch in Serbia is estimated at around EUR 1.7mn.

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