8 Apr, 16:39

Serbia, Russia launch expansion of Banatski Dvor gas storage facility — minister

According to Dubravka Djedovic-Handanovic, investments in 12 additional wells to expand the storage facility will total 145 mln euros

BELGRADE, April 8. /TASS/. Serbia and Russia have launched the work on expanding the Serbian underground gas storage facility Banatski Dvor, Serbian Minister of Mining and Energy Dubravka Djedovic-Handanovic announced.

"The capacity will be expanded to 750 million cubic meters of gas. <...> Thanks to these investments, we will significantly increase the level of gas reserves in our country. This means that we will be able to respond in case of unforeseen situations," the Radio and Television of Serbia quotes the minister as saying.

According to her, investments in 12 additional wells to expand the storage facility will total 145 mln euros.

As Srbijagas CEO, Dusan Bajatovic, noted, the drilling of wells will be carried out by NIS company.

"We will do the rest together with our Russian colleagues, as well as with some European and American equipment suppliers," he said.

Bajatovic expects that the work will be completed by the end of 2026.

The underground gas storage facility Banatski Dvor near the city of Novi Sad has been in operation since 2011. Russia's Gazprom hold a 51% stake in it while the stake of Srbijagas is 49%. The storage facility's current capacity is 450 million cubic meters.

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Belgium to withdraw 1.2 billion euros from aid to Kiev for its military needs

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Recognizing Crimea as Russian territory risks splitting NATO — media

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Crimea to remain Russian — Trump

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Yesterday, 13:03

Visa suspensions, airspace closures: terror attack creates tension between India, Pakistan

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Russia ready to strike deal on Ukraine, but some details yet to be agreed — Lavrov

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Russia to hold international drone technology forum in August

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NATO establishes new 'strike fist' near Russia's western borders — Shoigu

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Yesterday, 15:49

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Yesterday, 18:20

VCIOM poll finds almost 70% of Russians see Victory Day as main holiday

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Yesterday, 09:26

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Yesterday, 09:48

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Yesterday, 06:07

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Yesterday, 19:09

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Yesterday, 12:09

Russia’s revised nuclear doctrine contains provisions on potential response to West

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Yesterday, 06:30

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Yesterday, 13:55

Diplomat says Kiev's killings of Russian reporters will not go unpunished

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Yesterday, 11:47

Pakistan closes its border, airspace to India — National Security Council

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Yesterday, 19:52

‘I think they both want peace’: Trump on Russia-Ukraine negotiations

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Yesterday, 15:41

Iran offers US interim deal on its nuclear program — news outlet

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Yesterday, 12:46

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Yesterday, 18:36

India plans new 'stricter measures' following Kashmir terror — minister

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Yesterday, 18:56

Trump believes Putin to heed call not to launch massive strikes on Ukraine

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Yesterday, 20:38

US-Iran deal could save many lives — Trump

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Trump says NATO important for Europe

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Yesterday, 18:36

Next few days to be very important for negotiations on Ukraine — Trump

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Yesterday, 15:57

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Yesterday, 20:41

Zelensky admits Washington's assistance to Kiev exceeds $100 bln

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SVR chief informs TASS of constructive meeting with Syrian security official

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Yesterday, 11:28

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Yesterday, 15:47

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