Serbia has completed the construction of a gas pipeline connecting it to Bulgaria, diversifying gas supplies from Russia, which
was inaugurated by the leaders of Serbia, Bulgaria and Azerbaijan. The pipeline provides access to Azerbaijani gas and an LNG
terminal in Greece.
Serbia has completed the construction of an interconnector to the pipeline
to Bulgaria, allowing the Balkan country to diversify its gas supplies and
reduce its dependence on Russia. This was reported by the German edition of Deutsche Welle,
UNN reports.
Details
It is noted that the opening ceremony of the pipeline was attended by
Serbian President Aleksandar Vucic and his Bulgarian and Azerbaijani
and Azerbaijani counterparts, Rumen Radev and Ilham Aliyev.
Thanks to this interconnector, we provide alternative
gas supplies other than Russian gas
Supplement
The new pipeline connecting Serbia with EU member Bulgaria is aimed at reducing
EU member, aims to reduce Serbia's dependence on Russian gas. Serbia
and other countries in Central and Southeastern Europe will now have access to
Azerbaijan's exports.
The pipeline, which runs from the Bulgarian city of Novi Iskir
to the Serbian city of Nis, will give Belgrade access to gas from Azerbaijan and to the
LNG terminal in the Greek port of Alexandroupolis.
On November 15, Serbia signed an agreement with Azerbaijan to
to purchase 400 million cubic meters of natural gas per year starting in 2024.
The capacity of the 170-kilometer (105-mile) gas pipeline on the
Serbian side is 1.8 billion cubic meters per year, which is 60% of the country's
of the country's annual gas demand of about 3 billion cubic meters.
The European Union supported the project with grants totaling
49.6 million euros and loans of 25 million euros. Serbia itself is not a member of the EU.
member of the EU, but has been negotiating to join the bloc since 2014.