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    Sputnik: Cancelled South Stream Project to Seriously Damage Serbia: Gas Association

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Cancellation of South Stream gas pipeline see major losses to Serbia

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Sputnik: Cancelled South Stream Project to Seriously Damage Serbia: Gas Association

The South Stream gas project would be very beneficial for Serbia and its cancellation may cause serious damage to the country, the President of the Serbian Gas Association Assembly told Sputnik Serbia Tuesday.

"The [South Stream] project is very important for Serbia: it could have provided a certain number of jobs for our citizens during the construction period, not to mention the profit from the pipeline's operation and subsequent revenues from gas transit. Therefore, the cancellation of the project could cause serious damage to Serbia," Vojislav Vuletic said.

He added that Europe has "harmed itself" by creating obstacles on the way to implementing the project.

"It turns out to be that the problems are created by the bureaucrats from the European Commission, while the actual participants of the South Stream are very interested in implementing the project," Vuletic stressed.

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