Serbia completes first section of TurkStream gas pipeline

By bne IntelliNews August 13, 2019

Serbia has completed the construction of the first section of the 403-km leg of Gazprom’s Turkish Stream (TurkStream) gas pipeline in the country, local media reported on August 12.

Gazprom plans to invest RUB58.8bn ($900mn) on expanding the TurkStream pipeline through Serbia in 2019. Gazprom has determined the itinerary of the second line of the Turkish Stream pipeline will span Bulgaria and Serbia starting from 2020, then go through Hungary and Slovakia starting from 2021 and the second half of 2022, respectively.

The first section stretches from the Bulgarian border to the city of Cuprija.

Currently, construction works are underway on the second part from Cuprija to the Danube River in Serbia’s north, Blic reported.

The third section stretches from the Danube to Gospogjinaca, and the fourth is from the Gospogjinaca to the border with Hungary near Horgos.

The four sections are planned to be completed by the end of 2019.

Related Articles

Turkey’s electricity consumption down 0.5% y/y in July

Electricity consumption in Turkey declined in July for the fifth month in a row. It fell 0.5% y/y to 27.2bn kWh but a 21% m/m recovery compared ... more

Poland’s state-run power corp Energa posts huge loss in Q2

Poland’s state-controlled power company Energa posted a net loss of PLN878mn (€199.04mn) in the second quarter, the company said on July 30.  The net result is a turnaround on a net gain ... more

Czech state and utility company CEZ signed agreement on Dukovany nuclear power plant construction

The Czech state and the energy company CEZ and Elektrarna Dukovany II signed a framework agreement on the construction of a new nuclear power plant in Dukovany on July 28, as ... more

Dismiss