Putin briefs Merkel, Hollande on steps to implement Syrian ceasefireRussian Politics & Diplomacy January 18, 20:39
Putin, Merkel, Hollande agree to give fresh impetus to Normandy Four activitiesRussian Politics & Diplomacy January 18, 20:26
Russian Eurobonds may be floated in spring 2017 — finance ministerBusiness & Economy January 18, 19:48
Russia, Turkey report 14 ceasefire breaches in Syria per dayWorld January 18, 19:17
Analyst believes removal of sanctions can be political bargaining chip with RussiaRussian Politics & Diplomacy January 18, 18:45
Arctic Forum’s task is to change perception of region as source of raw material — officialBusiness & Economy January 18, 18:28
OPEC revises Russia’s oil production outlook downward by 110,000 bpd in 2017Business & Economy January 18, 18:20
OSCE says preparations for talks on Transnistria to begin in near futureWorld January 18, 18:15
About 1,500 officials may attend Arctic ForumBusiness & Economy January 18, 17:38
MOSCOW, July 08. /ITAR-TASS/. Russian gas producer Gazprom said on Tuesday its subsidiary, Tsentrgaz, had won a tender to build the Serbian stretch of the South Stream underwater gas pipeline.
The company said in a statement it had beaten four other companies from Russia and Serbia to win the tender, which was launched in March this year.
Tsentrgaz is a multifaceted construction holding that includes construction and assembly organizations, modern production facilities to manufacture construction materials, structures and items, procurement and marketing entities and social infrastructure facilities.
Under the contract, the company will be tasked with project development, procurement of materials and equipment, construction and installation works, personnel training and putting the South Stream pipeline into operation in Serbia. The contract also stipulates subcontracting certain works to Serbian companies.
The South Stream pipeline is designed to pipe 63 billion cubic metres of gas per year from Russia via the Black Sea to Bulgaria and then ashore for onward transit to Greece, Italy and Austria.
Russia’s gas export monopoly Gazprom sees the South Stream project as a means of diversifying natural gas supplies to Europe and reducing dependence on transit countries.
Russia and Serbia sign contract on South Stream
Russia and Serbia on Tuesday, July 8, signed a contract for building the Serbian section of the South Stream gas pipeline.
Serbian Prime Minister Aleksandar Vucic welcomed the signing of the document. “I hope that today we will conclude the most important contract for South Stream,” he said at a meeting with President Vladimir Putin.
On Monday, July 7, Vucic discussed the project with Prime Minister Dmitry Medvedev and reaffirmed that only technical questions remained but they “are quickly resolved”.
Serbia can become a regional energy hub with two extensions from the pipeline to Republika Srpska and Croatia and a possible extension to Macedonia instead of one from Bulgaria.
“The leadership of Serbia has supported this idea, seeking the status of regional energy hub for their country,” the Kremlin said in a statement in connection with the meeting between Vucic and Putin.
It also said that the two sides were studying the possibility of extending the gas pipeline to the administrative border between Serbia and Kosovo, while creating a consumer network in Kosovo on the basis of long-term contracts for the supply of Russian natural gas.