Bulgaria: 1.1 bn for gas pipeline from Serbia to Turkey
To create a link to Russian Gazprom's TurkStream
18 September, 19:07The project is of "strategic significance for Bulgaria" and will boost "energy security of the countries of the region of South East Europe," Bulgartransgaz added. The projected gas pipeline is approximately 474 km long and the entire project should be completed in less than two years.
At the end of 2018, Bulgartransgaz announced the launch of the procurement procedure for the infrastructure, called "Balkan Stream." The total value of the contract is around 1,1 billion euro, Bulgartransgaz informed. The pipeline is an "extension" of the Russian Gazprom's "TurkStream pipeline" (Russia-Turkey), the specialized portal SeeNews recalled.