BELGRADE - There are no misunderstandings between the Serbian and Russian partners regarding the South Stream gas pipeline project nor is the project being held back by problems in funding and provision of guarantees for loans, Dusan Bajatovic, director general of state-owned natural gas provider Srbijagas, said Thursday.
What stopped investment said to be the crucial one Nobody wants to guarantee for credit for "Southern stream"
The ‘Southern Stream’ project in Serbia is at standstill at the moment because of the problem of securing state guarantees for the loan necessary for a foundation investment for a joint venture.
Deal securing cheaper Russian natural gas for industries and households applies from July 2013 for 10 years
By Chryssa Liaggou
The Environment and Energy Ministry announced on Tuesday that Greece has secured a 15 percent discount on natural gas from Russian energy giant Gazprom for 10 years, adding that the measure will be retroactively applied from July 2013.