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Memorandum Signed to Expand Banatski Dvor Underground Gas Storage Facility in Serbia

Source: www.gulfoilandgas.com 1/17/2019, Location: Asia

Alexey Miller, Chairman of the Gazprom Management Committee, and Dusan Bajatovic, Director General of Srbijagas, signed today in Belgrade, Republic of Serbia, a Memorandum of Understanding on the advancement of the expansion project for the Banatski Dvor underground gas storage (UGS) facility.

The signing ceremony took place in the presence of Vladimir Putin, President of the Russian Federation, and Aleksandar Vucic, President of the Republic of Serbia.

The Memorandum defines the main parameters of the UGS facility expansion and formalizes the arrangements between the parties for the joint implementation of the project.

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