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Serbia and Bulgaria Sign EU-Backed Accord to Link Gas Networks

Dec. 14 (Bloomberg) -- Serbia and Bulgaria plan to build a gas pipeline between their countries to improve energy security under a European Union-backed agreement signed in Brussels today.

The 180-kilometer (112 mile) link may cost 120 million euros ($157 million) and open by 2017, providing the two countries, which rely on Russian gas, with an alternative route for gas imports, the Serb government said in an e-mailed statement.

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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