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

EU, Uzbekistan forge partnership aiming to pave way for critical raw material supplies

The European Union on April 5 signed a memorandum of understanding (MoU) with Uzbekistan ... more

Kyrgyzstan reported as “irked” by neighbour Uzbekistan’s “grandiose hydropower plans”

Kyrgyzstan, a country perpetually battling a shortage of water resources, is reportedly irked by neighbour Uzbekistan’s “grandiose hydropower development plans”. The issue has come to the ... more

Net profit at Uzbekneftegaz contracts 53% y/y to UZS 612bn in 2023

Net profit at Uzbekneftegaz (UNG) contracted 53% y/y to Uzbekistani som (UZS) 611.6bn ($48.4mn) in 2023, according to investment company Kapital Depozit. The bottom line represented a ... more

Dismiss