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News / EU Finances Better Gas Supply for Serbia
The tender for the construction of the new gas supply pipeline connecting the city of Niš with the Bulgarian capital Sofia Construction has been published. The gas pipeline’s projected capacity will allow for the transfer of 1.8 billion cubic metres of natural gas annually. The construction of the gas pipeline on the Serbian side will be funded with the support of the European Union with over € 49 million. In addition, the project will be financed through a loan of the European Investment Bank (EIB), the bank of the EU, with € 25 million.
This project will significantly increase the amount of gas supply to households, thus considerably contributing to Serbia’s energy security and cleaner environment.
Photo credits: EU Delegation Serbia
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