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Here's an analysis of the advantages and drawbacks of South Stream for Serbia: http://www.balkans.com/open-news.php?uniquenumber=185625
Pay attention to the bit about Serbia agreeing to take twice the gas it currently uses and being charged whether it can use it or not. (Gazprom has done that with existing customers.) Also, if the plan is to send this excess gas on to other countries in the region - there are no agreements in place yet about construction of the interconnectors.
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