Gazprom: Serbia has no alternative

The deputy chairman of the board of Gazprom executive directors says the South Stream pipeline via Serbia is Russia's and Gazprom's priority.

Izvor: Tanjug

Saturday, 28.03.2009.

13:13

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The deputy chairman of the board of Gazprom executive directors says the South Stream pipeline via Serbia is Russia's and Gazprom's priority. "We are ready to, by the end of this year, finalize individual technical surveys for the countries involved in the construction of the pipeline. There are deadlines for all the works, and we have already submitted requests for exploration works on the stretch from Russia toward Europe." Gazprom: Serbia has no alternative "After that, steps will take place that are related to the transit of gas to European consumers," said Aleksandr Medvedev in an interview for Belgrade daily Vecernje Novosti. He also said that a route through Romania is not being considered as an alternative. Medvedev stressed that there was no mention of postponement and that the South Stream natural gas pipeline will be completed by the end of 2015, and added that "no one now has any doubt" that the overall annual capacity will go from 30 to 47 billion cubic meters. "With our partners from Italian Eni we have agreed a correction of the contract concerning the underwater segment. And for Serbia, that would mean an increase in transit through your territory." According to Medvedev, Serbia will have at least 10 billion cubic meters, but the final amount of gas will be determined by a technical-economic study. The Gazprom official said that Serbian public gas company Srbijagas and the Russian energy giant are working together to produce a feasibility study for an underground storage facility, located in Banatski Dvor. This, according to him, should happen by the end of April. "The priority is to secure the Serbian market with gas, but the regional aspect will also be considered. However, there are technological and economic factors, that will be clearer after the study," said Medvedev.

Gazprom: Serbia has no alternative

"After that, steps will take place that are related to the transit of gas to European consumers," said Aleksandr Medvedev in an interview for Belgrade daily Večernje Novosti.

He also said that a route through Romania is not being considered as an alternative.

Medvedev stressed that there was no mention of postponement and that the South Stream natural gas pipeline will be completed by the end of 2015, and added that "no one now has any doubt" that the overall annual capacity will go from 30 to 47 billion cubic meters.

"With our partners from Italian Eni we have agreed a correction of the contract concerning the underwater segment. And for Serbia, that would mean an increase in transit through your territory."

According to Medvedev, Serbia will have at least 10 billion cubic meters, but the final amount of gas will be determined by a technical-economic study.

The Gazprom official said that Serbian public gas company Srbijagas and the Russian energy giant are working together to produce a feasibility study for an underground storage facility, located in Banatski Dvor. This, according to him, should happen by the end of April.

"The priority is to secure the Serbian market with gas, but the regional aspect will also be considered. However, there are technological and economic factors, that will be clearer after the study," said Medvedev.

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