14 Oct 2019 13:04

Serbia plans to complete construction of its part of TurkStream before year-end - Vucic

BELGRADE. Oct 14 (Interfax) - Serbia is hoping to complete the construction of its part of TurkStream in the coming months, Serbian President Aleksandar Vucic said.

"We will finish everything before the end of this year, as we promised," Vucic said at a meeting with Russian Federation Council Speaker Valentina Matviyenko in Belgrade on Monday.

"But I think Bulgaria won't do that. But we have good cooperation with Hungary and everything needs to be done on the Banatski Dvor storage facility, and this process needs to be sped up," he said, reacting to Matviyenko's words regarding TurkStream.

"The construction of the gas pipeline TurkStream in the territory of Serbia is going successfully. As you see, it is very economically profitable to Serbia, it will help increase gas supply to Serbia [...] As was reported to me, everything is going according to the approved schedule, Serbia is closely observing its obligations and this work may be completed before the end of this year," Matviyenko said.

TurkStream is an export gas pipeline project from Russia to Turkey through the Black Sea and further to the Turkish border with the adjacent countries. The first string of the gas pipeline is intended for the Turkish market and the second one is intended for gas supply to the countries of Southern and Southeastern Europe. The capacity of each string is 15.75 billion cubic meters of gas a year.