Reform of Srbijagas does not have any influence on South Stream project

5. June 2013. / News Serbia Energy

“Reforming of Srbijagas Company won’t influence construction of South Stream gas pipeline that Serbia needs to construct with Russia”, Minister of Energy, Zorana Mihajlovic said.

South Stream is an international project and all laws and changes that happen inside of a country cannot influence this project”, Zorana Mihajlovic said for Beta Agency.

Srbijagas needs to be reconstructed and to be divided into two companies in state’s property so expenses of this company can be decreased by 30% until the end of this year.

Managing Director of Srbijagas, Dusan Bajatovic has recently said “that tutorial of European Bank for Renewal and Development is being introduced in all Srbijagas’s businesses and that considers certain political conditions”.

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