"Deal on connector funding by end of year"

Aleksandar Antic says he expects Serbia and the European Commission to reach an agreement by the end of the year on financing a gas connector with Bulgaria.

Source: Tanjug
Share

The Serbian minister of mining and energy told the state broadcaster RTS on Friday that Serbia "secured funds in the 2015 budget for the project documentation, and that it was now up to the government to make sure the EU would fund a major part of the pipeline to Bulgaria."

The pipeline should connect Serbia to the Southern Gas Corridor coming from Azerbaijan.

"We must have more than one source of gas supply, and Azerbaijan is capable of providing the necessary quantities. Our obligation is to build a gas connection to Bulgaria and complete the negotiations with Azerbaijan and we are working seriously on that connection," Antic stated.

Business & Economy

page 1 of 19 go to page