Serbia and Hungary have completed Balkan Stream

Serbia and Hungary announced the connection of the Balkan Stream gas pipeline to the Hungarian gas transmission system, through which gas from Turkey will be supplied to Central Europe bypassing Ukraine, Evropeyska Pravda reports with reference to the Serbian TV channel N1 Info.

The state-owned company Srbijagas and the Hungarian company FGSZ announced the connection of the pipeline on the border with Hungary on Sunday.

The transiting of the first batch of gas through Serbia to Central Europe will begin from October 1.

Srbijagas CEO Dusan Bajatovic says that they have finally finished their long-term work so that Serbia can finally resolve the issue of obtaining a different gas supply route, and not just getting natural gas from Ukraine.

“In Serbia, no one will freeze anymore, and the gas price for households will also not change from the fall,” Bayatovic said.

The Balkan Stream gas pipeline is a continuation of the Turkish Stream. Last year, Bulgaria and Greece received almost all of their gas via the new route through the Turkish Stream, and not through Ukraine.

To recap, gas prices in Ukraine have crossed the mark of UAH 15,000 per thousand cubic meters.

Earlier, Prime Minister Denys Shmyhal said that the heating season would start on time.

Tags: gas, Turkish Stream, GTS, export, investments, Ukraine, pipeline, gas supplies, infrastructure, Europe

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