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Vucic: Gas agreement crucial for Serbia


18 Jan 2019 15:24

2 minutes

  _____  

BELGRADE - Serbian President Aleksandar Vucic said Friday a gas agreement
reached with Russia was crucial for Serbia because, once complete, it would
raise the country's "value".

Recapping Russian President Vladimir Putin's visit to Belgrade, Vucic
recalled Gazprom CEO Alexey Miller had said a gas interconnector between
Serbia and Bulgaria would be completed by the end of the year.

"We refer to it as the central gas pipeline, which will be 420 kilometres
long. It would be of substantial, strategic significance for Serbia's
future. It is a huge investment and we will share the financing, the
percentage remains to be seen," he said.

This is hugely important for the future, industrialisation and progress of
Serbia, as well as for GDP growth, Vucic said.

He said Serbia would build a 750 mln cubic metre gas storage to be able to
intervene at any time in case of shortages.

 

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