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Agreement on “Southern Stream” to be signed in late April

30. March 2009. | 10:02

Source: EMportal

The agreement on the realization of the “Southern Stream” gas line project will be signed by the end of April in the Bulgarian city of Plovdiv, in the attendance of heads of all states that the gas line will pass through

The agreement on the realization of the “Southern Stream” gas line project will be signed by the end of April in the Bulgarian city of Plovdiv, in the attendance of heads of all states that the gas line will pass through, communicated the Serbian Ministry of Power Supply.

It has been stated that at Friday's session of Serbian Minister Petar Skundric and Deputy Director General of Gazprom Alexander Medvedev it was said that the final itinerary of the “Southern Stream” will be presented and the increase of the capacity announced, from the originally planned to some 30 billion cubic meters of gas annually, to the growing demand of the European market for that fuel.

Skundric and Medvedev have agreed to intensify the negotiations on the joint completion of the gas storage in Banatski Dvor.

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