Serbia Amends Rules to Speed Up South Stream Pipeline
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Serbia adopted a law allowing the venture of state-owned Srbijagas JP and Russia’s OAO Gazprom to quickly gain control of land needed to build its section of the South Stream natural gas pipeline.
Lawmakers passed the bill today allowing South Stream Serbia DOO to take over some 10,000 lots across Serbia, without having to haggle with owners over compensation. Any plot of land along the 470-kilometer (290-mile) route may become eminent domain in 30 days upon the company’s request, and the value will be based on tax authority’s assessments, according to the law.