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Construction of Balkan gas pipeline for Gazprom Reliance begins

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Bulgaria is starting work on a new gas pipeline to neighboring Serbia, which will allow gas supplies from other countries to reduce its dependence on Russian flows.

Presidents of Serbia and Bulgaria, Alexandre Vucic And Rumen Radevattended the start of the work on Wednesday during a siteBloomberg Terminal near the capital Sofia, where the 62-kilometer section of the pipeline is to be connected by the end of the year to a 108-kilometer section on the Serbian side. The 170 million euro ($185 million) project is partly funded by the European Union, as part of efforts to diversify gas imports out of the country. Gazprom PJSC.

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