Dusan Bajatovic

Srbijagas: Bulgaria will Pay Big Penalty if it Abandons the Turk Stream Project

The annual regional business forum is being held at Kopaonik Ski Resort in southwestern Serbia from March 1-4. On it, the director of the state-owned company Srbijagas Dusan Bajatovic revealed details about the Turkish Stream project and the country's gasification after its completion.

"Gazprom wants bigger stake in pipeline company in Serbia"

This will happen on February 13, Gazprom has announced, according to TASS.

The joint project company South Stream Serbia AG (51 percent owned by Gazprom, and 49 percent by Serbia) was established by Serbia and Russia in order to build the now abandoned South Stream gas pipeline, that was designed to diversify the supply of Russian gas to Europe, TASS said.

Serbia and Russia sign several agreements

Representatives of the governments of Serbia and Russia signed in Moscow, on Tuesday a series of agreements on cooperation in various fields.

The Serbian government announced this, adding that the agreements were signed after the talks between two state delegations led by Serbian President Aleksandar Vucic and Russian President Vladimir Putin.

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