Serbia and Hungary Connect Balkan Stream Gas Pipeline

The public enterprise “Srbijagas” and the Hungarian company FGSZ connected the Balkan Stream gas pipeline on the border with Hungary, through which gas from Turkey will reach Central Europe via Bulgaria and Serbia, the Serbian Radio and Television reported. 

From Monday (05.07), Hungary will lease its capacities, and Serbia will become an important transit country for Central Europe. The first quantities of transit gas through Serbia to Central Europe will be transferred on October 1. 

The President of the FGSZ Management Board, Ferenc Szabolcs, said that when two pipes are connected at the border from two different countries, it is called a golden connection. 

The “Srbijagas” General Manager, Dusan Bajatovic, said that they have finally finished the long-term job in this way so that Serbia has finally solved the issue of getting another gas supply route, and not only getting natural gas from Ukraine. 

„No one in Serbia will freeze anymore, and the price of gas for households will not change from the fall either. The price increase due to the price of oil, which is accompanied by the price of gas, will spill over to ‘Srbijagas'”, Bajatovic explained. 

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