A gas pipeline from Russia across Yugoslavia.

Jul 14, 1997 02:00 AM

June 24, 1997 Serbian Prime Minister Mirko Marjanovic and Stepan Derezhov, representative of the Russian Gazprom company, have agreed on the start of the construction of a gas pipeline branch, which is to run from Russia across Yugoslavia.
According to a Serbian government announcement, the Jugorosgas joint firm is to begin to build the gas pipeline branch in autumn this year. The Russian and Serbian sides are to invest $ 53 million each in the realisation of the project.
The Serbian Premier and the Gazprom representative also discussed terms for barter, on the basis of which the Yugoslav side pays for the supply of gas from Russia. It was a question of broadening the range of farm products, which Serbia supplies to Moscow City and Region under a contract with Gazprom.

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