Rus News Journal

the Banatsky Court yard will complete

Gazprom export and Srbijagas have created joint venture

New joint venture between Gazprom export and Srbijagas will complete, modernises and will maintain further PHG the Banatsky Court yard . The corresponding agreement between the companies has been signed today. The financing volume will make about 50 million dollars.

It is expected that the joint venture on building the Banatsky Court yard Vladimir Kuznetsov will head. According to the design documentation, upon termination of building the gasholder capacity will make 0,8 - 1,0 mlrd gas cubic metre.

De - fakto the Russian experts were already connected to completion PHG, now these works will go more intensively, reports ITAR - TASS of a word of head of the enterprise participating in the project JUgorosgaz Vladimir Koldina. According to general director Srbijagas of Dushana Bajatovicha, an investment Gazprom will make 25,5 million euro, and the Serbian party - 24,5 million In the same proportion is divided also the authorised capital of the joint venture the Banatsky Court yard : 51 % at Gazprom 49 % - at Srbijagas.

According to the Minister of Energy of Serbia Petara Shkundricha, is required about two years that having strategic value for Serbia and region the gas tank has earned this with full return.

completion of an underground gasholder is provided by one of points of the intergovernmental cooperation agreement in the oil and gas branch, signed by Russia and Serbia in 2008. It also provides development NIS with participation oil Gazprom and building in territory of Serbia of a site of a gas pipeline the Southern stream . Further the contract on creation of the joint venture for modernisation PHG the Banatsky Court yard And also the report on creation of the joint venture for building of the Serbian branch the Southern stream have been signed between Gazprom and Srbijagas in October, 2009 during visit of Russian president Dmitry Medvedev to Serbia.