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    inSerbia: Countries of Danube region support South Stream

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Summary

The chambers of commerce of Hungary, Serbia and Bulgaria say construction of the South Stream gas pipeline will help the economic development

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inSerbia: Countries of Danube region support South Stream

Hungary, Serbia and Bulgaria, and the chambers of commerce of these countries support the construction of the South Stream gas pipeline, arguing that it will help the economic development of these countries and they therefore expect that the EU and Russia will come to an agreement concerning the project.

Serbian Energy Minister Aleksandar Antic said that constructing South Stream and the gas interconnection with Bulgaria was an opportunity to revitalize the industry and build new production facilities.

Speaking at a conference in Budapest on the use of gas in the Danube region, Antic said that Serbia had only one gas supply route to rely on, and domestic sources met only 20 percent of domestic gas consumption.

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