Vucic, said:
- This is of crucial importance for Serbia's further development of great importance for the industry, Serbia's economic progress, and all our people.
- Serbia would receive gas through the pipeline at a price of up to $155 / m3, with much lower transport costs than before.
- Also, Serbia will charge a transit tax, which will help pay for the pipeline's construction.
The Balkan Stream is a branch of the 930-km-long TurkStream gas pipeline, a project of Russia's Gazprom and Turkey's Botas which can transport around 31.5 billion m3/ year of gas.
The commercial opening of the section of the pipeline that passes through Serbia from the Bulgarian to the Hungarian border was on January 1, 2021.
The independent gas transport operator for the pipeline is the company Gastrans, a joint enterprise of Russia's Gazprom and Serbia's public enterprise Srbijagas.
The Serbian section, from Zajecar to Horgos, is about 403 km long and delivers Russian gas through Turkey and Bulgaria.
Its capacity is 15.75 billion m3/ year of gas.
Serbia completed in December 2019 the laying on its territory of about 400 km of pipes of the extension of the TurkStream pipeline for the transit of Russian natural gas to Europe from Turkey via Bulgaria, Serbia and Hungary.
To read the article in Russian.
