Tesla pipeline

Serbia stands to gain from Hungary's decision to take gas via Turkstream, not through Ukraine. But at what cost?

Serbia on Jan. 1 said it had begun delivering natural gas to Europe through the TurkStream pipeline and a new route crossing Turkey and Bulgaria.

The 403-kilometer (250 miles) Serbian section was commissioned in a ceremony in Gospodjinci in the municipality of northern Zabalj.

Serbia received its first shipment of gas on Dec. 30 from the TurkStream pipeline project which connects Russia to Europe, according to Serbian radio and television.

The commercial opening of the section of the pipeline that passes through Serbia from the Bulgarian to the Hungarian border will be on Jan. 1.

Bulgaria's gas transmission system operator Bulgartransgaz said it is planning to acquire 28 properties owned by South Stream Bulgaria, a 50/50 joint venture set up by Russia's Gazprom and state-owned Bulgarian Energy Holding.

The properties have a total estimated value of 13.2 million levs ($8.3 million/6.7 million euro), Bulgartransgaz said in a notice on Tuesday.

Russian Energy Minister Alexander Novak left open the prospect of the construction of a second pipeline of the Turkish Stream through Greece. In an interview to Turkish news agency Anadolu, Mr.