Macedonia to Sign Agreement for South Stream Pipeline Project

Macedonia will sign an agreement to join the South Stream Pipeline, according to the Macedonian newspaper Utrinski Vesnik.

The South Stream Pipeline will deliver natural gas from Russia to Central and South Eastern Europe, connecting Austria and Italy to the world’s largest gas reserves.

According to Deputy Prime Minister Zoran Stavreski, Macedonia’s participation would allow the connection of Kosovo and Montenegro. The contract will be signed next week.

South Stream consists of one offshore and several onshore sections. The South Stream Offshore Pipeline will run from Russia through the Black Sea to Bulgaria. The onshore sections will connect Bulgaria, Serbia, Hungary, Slovenia and northern Italy, with branch pipelines to Croatia and Bosnia-Herzegovina.