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Gazprom, Srbijagas Sign Plan to Implement South Stream

Source: www.gulfoilandgas.com 5/27/2011, Location: Asia

Zurich (Switzerland) hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dusan Bajatovic, Chief Executive Officer of Srbijagas.

A detailed action plan was signed to implement South Stream in Serbia.

Alexey Miller and Dusan Bajatovic discussed the Banatski Dvor UGS facility project stressing that Gazprom and Srbijagas had reached a considerable progress in its execution: the bulk of permits required to initiate commercial operation of the underground gas storage facility by the Russian-Serbian joint venture had already been received. The rest of the permits will be obtained before long.

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