Russia's Gazprom Says Subsidiary Wins South Stream Tender in Serbia
MOSCOW, July 8 (Reuters) – Russian gas producer Gazprom said on Tuesday its subsidiary, Tsentrgaz, had won a tender to build the Serbian stretch of the South Stream pipeline.
The company said in a statement it had beaten four other companies from Russia and Serbia to win the tender, which was launched in March this year. The South Stream pipeline is designed to pipe 62 billion cubic metres of gas per year from Russia via the Black Sea, bypassing Ukraine.
(Reporting by Svetlana Burmistrova, writing by Elizabeth Piper, editing by Alessandra Prentice)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Gazprom's Second Quarter Profit Soars On Rising Energy Prices, Sales (Aug 29)
- Russian Gas Exports Hit a New Summertime Record (Jul 17)
- Trump: US to Compete With Russia for Europe Gas Market (Jul 16)