Serbia to Receive Russian Support in South Stream Project

People ♦ Published: May 27, 2013; 17:16 ♦ (Vindobona)

Russia to provide € 1.7bn for construction of South Stream gas pipeline project in Serbia.

Serbia to Receive Russian Support in South Stream Project / Picture: © Wikipedia / Túrelio

For the construction of the pipeline section of the South Stream projects, which transports Russian natural gas through the Black Sea to Bulgaria and then on to Greece, Italy and Austria, and also runs through Serbia, Russia has affirmed financial support for Serbia in the amount of € 1.7bn. President Vladimir Putin made the announcement on Friday last week after a meeting with his…

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