Alexey Miller and Aleksandar Vucic praise successes of Russian-Serbian partnership in gas sector
Background
Gazprom’s main partner in Serbia is Srbijagas, a state-owned company focused on gas transportation, storage and distribution in Serbia.
In 2013, a contract was inked for Russian gas supplies to Serbia for the period of 10 years. In 2016, Gazprom exported to Serbia 1.75 billion cubic meters of gas, a 4.3 per cent increase from 2015.
On June 27, 2017, Gazprom and the Serbian Ministry of Mining and Energy inked a roadmap. The document provides for a number of measures to implement a plan aimed at expanding the Serbian gas transmission system.
TurkStream is the project for a gas pipeline stretching across the Black Sea from Russia to Turkey and further to Turkey's border with neighboring countries. The first string of the gas pipeline is intended for Turkish consumers, while the second string will deliver gas to southern and southeastern Europe. Each string will have the throughput capacity of 15.75 billion cubic meters of gas per year. Construction of TurkStream’s offshore section commenced on May 7, 2017.
