New Europe: Gazprom, Bosnia agree gas supplies terms

Russian gas monopoly Gazprom has agreed terms for gas supplies to Bosnia’s Serb Republic.

The agreement was signed with Bosnian company Gas Res during a visit to Moscow by the president of Bosnia’s Serb-run entity Republika Srpska (RS), Milorad Dodik, and the entity’s Prime Minister Zeljka Cvijanovic.

Gazprom said in a statement gas will be delivered to the Serb Republic from mid-2015 via existing pipelines until the launch of the South Stream pipeline branch on Bosnian territory.

The drafting of an intergovernmental agreement related to the construction of the South Stream pipeline is in its final stages, the statement said, adding that the pact would also cover expanding the use of gas in the energy sector.
MORE