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Putin decides: TurkStream pipeline will run through Serbia

Also, all preparatory procedures have started in these countries, the Russia-based Kommersant writes, according to Sputnik.

As reported, the first gas deliveries to Bulgaria and Serbia will begin in 2020, Russian gas will arrive in Hungary only a year later, which will allow the Russian company to completely shut off supplies via Ukraine by 2022.

Bulgarian Ambassador To Russia Says TurkStream Project Important, Open To Talks On Joining

 Bulgaria considers the TurkStream gas pipeline as well as other similar projects extremely important for all international actors and is open to talks on becoming part of it, Bulgarian Ambassador to Moscow Atanas Krastin told Sputnik on Wednesday, reports Urdupoint. 

Russia agrees with Edison, DEPA to keep working on gas pipeline to Europe, says minister

Russia's Energy Minister Alexander Novak said on Tuesday he had agreed with Italy's Edison and Greece's state-controlled gas company DEPA to continue work on a pipeline project to ship Russian natural gas into Europe. 

Speaking at an event in Milan, Novak also said that the Turkish Stream Project was on track for first commercial gas at the end of next year.

Bulgartransgaz to Acquire Assets of South Stream Bulgaria

Bulgaria's gas transmission system operator Bulgartransgaz said it is planning to acquire 28 properties owned by South Stream Bulgaria, a 50/50 joint venture set up by Russia's Gazprom and state-owned Bulgarian Energy Holding.

The properties have a total estimated value of 13.2 million levs ($8.3 million/6.7 million euro), Bulgartransgaz said in a notice on Tuesday.

"Gazprom wants bigger stake in pipeline company in Serbia"

This will happen on February 13, Gazprom has announced, according to TASS.

The joint project company South Stream Serbia AG (51 percent owned by Gazprom, and 49 percent by Serbia) was established by Serbia and Russia in order to build the now abandoned South Stream gas pipeline, that was designed to diversify the supply of Russian gas to Europe, TASS said.

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