Putin Progresses on South Stream in Serbia

serbianna March 24, 2011 – 3:05 am Serbia’s participation in the South Stream pipeline will generate billions of dollars in transit fees and turn it into a regional gas hub, Russian and Serbian officials said Wednesday.Serbia, which imports almost all of its annual gas needs from Russia through a single pipeline coming across Hungary via Ukraine, is looking diversify its supply routes.That effort includes participating in the $21.5 billion South Stream project through a joint venture with Russia’s Gazprom....more... read more: serbianna http://serbianna.com/blogs/michaletos/archives/968