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Serbia breaks ground for gas link with Bulgaria

Energy Trade

Serbia started the construction of an EUR 85.5 million (USD 96.8 million) link to Bulgaria's gas distribution system, its government said on Tuesday, according to a report by Seenews.

The 109-km (68 mils) Nis-Dimitrovgrad pipeline, with a capacity of 1.8 billion cubic metres (bcm) of gas annually, will be ready for operation by October 2023, Prime Minister Ana Brnabić said during the groundbreaking ceremony, as quoted in a government statement.

A total of EUR 25 million of the project costs will be covered by a loan from the European Investment Bank (EIB), EUR 49.6 million by a grant from IPA, EUR 10.3 million from the Serbian budget and EUR 600,000 from own sources of state-run Srbijagas, Brnabić said.

The project includes the construction of two gas pipes and four measuring and regulating stations with the adjacent facilities, the government said.

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