FACTBOX-Balkan countries to join South Stream

Пятница, 22 ноября 2013 16:56 MSK

Nov 22 (Reuters) - Serbia and Russia start construction of the South Stream pipeline through Serbia on Sunday, a project that will increase the Balkan region's dependence on Russian gas.

A joint venture between Russia's Gazprom and Serbia's state-owned Srbijagas, South Stream branches are also planned for Bosnia, Croatia, Kosovo and Macedonia.

Following are details on their gas consumption and supply routes:


Serbia, the largest of the former Yugoslav countries, consumes about 2.5 billion cubic metres of gas annually. Government officials say South Stream would make gas more accessible for industrial consumers. It would also open possibilities to build gas-fired power plants to meet rising demand for electricity as ageing capacities near the end of their life span.

A 1.7 billion euro South Stream link through Serbia will be financed by Serbia's gas utility Srbijagas and Gazprom. The two companies operate a gas storage facility with a capacity of 450 million cubic metres in Serbia, one of the two in the region.

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