Bosnia’s Serb Republic signed on Friday a road map with Russian oil giant
Gazprom to lay a segment of the South Stream pipeline in the Balkan country, the
president's office in Banja Luka said.
The deal which also provides for
the construction of a gas power plant as part of the South Stream project was
signed by Gazprom Management Board’s vice president Alexandar Medvedev and the
Serb Republic's president Milorad Dodik, the Dodik office said.
Dodik
said it was an important project for the entity’s energy stability.
The
Serb Republic is one of the two entities that form Bosnia. The other is the
Muslim-Croat Federation.
The South Stream pipeline is expected to carry
63 billion cubic metres of Russian natural gas per year under the Black Sea to
the Bulgarian coast. Slovenia, Bulgaria, Serbia, Croatia, Hungary, Greece and
Austria are partners in the onshore section of the pipeline.