Sitemap

EU Finances Better Gas Supply For Serbia

CorD Recommends

Belgrade’s Hotel Jugoslavija Sold, Sparks Redevelopment Controversy

Belgrade's iconic Hotel Jugoslavija, located in Serbia's...

Bosnia and Herzegovina Kickstarts EU Membership Talks

Bosnia and Herzegovina has initiated accession negotiations...

AstraZeneca Celebrates Inauguration of New Office in Belgrade and 25th Anniversary Milestone

AstraZeneca, a global leader in healthcare innovation,...

Finland Tops Global Happiness Index, Serbia Sees Significant Rise

Finland has been named the happiest country...

Scholz Champions Western Balkans’ Path to Membership

German Chancellor Olaf Scholz, in Slovenia, advocated for quickening the EU accession for the Western Balkans, underlining the importance...

Wiener Städtische Insurance company is the winner of Dobročinitelj (Benefactor) award

The company Wiener Städtische Insurance received the Dobročinitelj (Benefactor) award for socially responsible activities implemented during 2021, 2022 and...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Serbia Advances in Renewable Energy with Pupin Wind Park Financing

In a significant stride towards renewable energy adoption, Serbia has finalized the financial arrangements for the Pupin Wind Park,...

Đedović Handanović: Nuclear Energy in Serbia by 2039 at the Earliest

Nuclear energy in Serbia could become a reality by 2039 at the earliest, should work on the project commence...

New Pipeline Niš-Sofia Construction Tender Published

With publishing of the works contractor selection tender for the Niš-Dimitrovgrad gas pipeline, The European Union and Serbia are progressing a new big infrastructural project which will significantly increase the amount of gas supply to households in Serbia, thus considerably contributing to energy security and a cleaner environment in Serbia.

New gas interconnector will connect the city of Niš with the Bulgarian capital Sofia. The projected capacity of the gas pipeline will allow for the transfer of 1.8 billion cubic metres of natural gas annually. The EU IPA funds are granted on the Serbian side of the gas pipeline Niš-Sofia with an amount of EUR 49.6 million, money which Serbia does not have to pay back to the EU. In addition, the project will be financed through a loan of the European Investment Bank (EIB), the bank of the EU, with an amount of EUR 25 million.

Beginning of the construction is expected later during the year, after selection of the contractor and the supervision of works. Finalisation of the gas pipeline is planned for the beginning of 2023.

Foto: Fonet

The EU Delegation to Serbia is actively facilitating progress on this priority project in close contact with the Serbian authorities. With its projected capacity the new gas pipeline will provide additional 80% capacity increase relative to Serbia’s current gas needs and largely increase the overall security of natural gas supply. The new Niš-Sofia gas pipeline will boost the diversification of energy sources in Serbia and the Western Balkan region, and reduce dependency on one dominant supplier. This pipeline will also allow easy gas access for citizens and businesses of Bela Palanka, Pirot, and Dimitrovgrad – three towns that previously have not had access to gas.

The Head of the EU Delegation to Serbia, Ambassador Sem Fabrizi underlined: “It is of great importance to accelerate energy sector projects which strengthen regional cooperation through connectivity. The EU is committed to help Serbia in diversify its energy sources and pursue a healthier environment. A natural gas connector between Serbia and Bulgaria will achieve both these objectives and will directly benefit the citizens, also creating new market opportunities and economic growth.”

Foto: Beta, Dragan Gojic

Deputy Prime Minister of the Republic of Serbia and Minister of Mining and Energy, Prof. Dr Zorana Mihajlović stated that the gas interconnection Niš-Dimitrovgrad is very important project which will secure diversification not only of gas routes but will enable diversification of suppliers, which will contribute to greater energy security for Serbia and the region as well. “Construction of Serbia-Bulgaria gas interconnection will create possibility for Serbia to get access to natural gas supply from LNG terminal in Greece, and also from TAP and TANAP gas pipelines which are part of the South gas corridor, which transports gas from Caspian and Middle east region. Thanks to the connection of these above mentioned existing and planned gas pipelines after the completion of East Mediterranean (EastMed) project supply from coastal gas reserves of Leviatan field, that is Ciprus and Isral, will be possible”, stated Mihajlović.

At around 65%, Serbia is the country with a high share of consumption of low-calorie coal – lignite in power production. This contributes significantly to heavy air pollution around urban centres. Due to a considerably smaller environmental pollution and greater flexibility in terms of power production, natural gas comes in as optional transitional fossil fuel. Transition to natural gas would also allow towns and municipalities in Serbia with developed district heating systems to construct high-efficiency, small-scale combined heating and power generating systems.

The project forms part of the EU’s Projects of Common Interest and is a priority in the context of the Central and South Eastern Europe Energy Connectivity High Level Group (CESEC).

Source: europa.rs

Related Articles

EU Passes Landmark Media Freedom Law

The European Council has adopted a groundbreaking law aimed at safeguarding media freedom, pluralism, and editorial independence within the European Union, the EU Delegation...

Đedović Handanović: Nuclear Energy in Serbia by 2039 at the Earliest

Nuclear energy in Serbia could become a reality by 2039 at the earliest, should work on the project commence now, stated Dubravka Đedović Handanović,...

New ENEF II Fund to Propel Growth in Western Balkans

The European Bank for Reconstruction and Development (EBRD) has announced the introduction of the Enterprise Expansion Fund II (ENEF II), aimed at fostering the...

Plamena Halacheva, Deputy Head of the Delegation of the European Union to Serbia

Easier Access to the Western Balkans’ Single Market

The EU aims to involve Western Balkans partners with its Member States on equal terms, fostering a reform partnership that’s oriented towards the future...

EIB Global Channels Record €1.2 Billion into Western Balkans

EIB Global, the European Investment Bank's arm for non-EU activities, has made a landmark investment of €1.2 billion in the Western Balkans for 2023,...

German-Serbian Chamber Hosts Gala, Pledges Green Future

In a significant event marking the strengthening of German-Serbian economic ties, the German-Serbian Chamber of Commerce (AHK Serbia) hosted its annual gala under the...

Serbia and CESEC Members Reinforce Energy Sector Connectivity at Athens Meeting

At a high-level ministerial meeting of the Central and Southeast European Energy Connectivity (CESEC) group in Athens, Serbia, represented by the Minister of Mining...

EU Delegation Visits Fruška Gora’s Key Projects

Emanuel Giofre, the European Union's Ambassador to Serbia, conducted a tour alongside ambassadors from EU member states to examine three projects financed by the...