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Russia and Serbia sign South Stream pipeline deal
26.02.2008 14:44
Russia and Serbia sign South Stream pipeline deal

Russia and Serbia have agreed upon construction of South Stream gas pipeline to transit gas via the Serbian territory. The agreement was concluded on the 25th of February.
      The talks on implementation of the project have been held since December 2007. The pipeline capacity is rated at 30 billion cubic metres of gas annually.
      South stream is supposed to be put into operation in 2013 and become an alternative pipeline to Nabucco project implying construction of a pipeline from the Caspian Sea to Austria via Bulgaria, Romania and Hungary.


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