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Memorandum signed to expand Banatski Dvor UGS facility in Serbia

Alexey Miller and Dusan Bajatovic signed a MoU on the advancement of the expansion project for the Banatski Dvor.

Memorandum signed to expand Banatski Dvor UGS facility in Serbia Memorandum signed to expand Banatski Dvor UGS facility in Serbia


Belgrade, January 18 - Neftegaz.RU. Alexey Miller, CEO of Gazprom, and Dusan Bajatovic, Director General of Srbijagas, signed in Serbia, a Memorandum of Understanding on the advancement of the expansion project for the Banatski Dvor underground gas storage (UGS) facility.

 

The signing ceremony took place in the presence of Vladimir Putin and Aleksandar Vucic, President of  Serbia. The Memorandum defines the main parameters of the UGS facility expansion and formalizes the arrangements between the parties for the joint implementation of the project.

 

The project for the expansion of the Banatski Dvor UGS facility provides for an increase in the facility’s working capacity to 750 million m3 (up by 300 million m3) and in its maximum daily deliverability to 10 million m3 (up by 5 million m3 per day).

 

Gazprom’s main partner in Serbia is Srbijagas, a state-owned company focused on gas transportation, storage and distribution in Serbia. In 2018, Gazprom exported to Serbia 2.15 billion m3 of gas, a 1.2 % increase from 2017 (2.12 billion m3).

 

Source : Neftegaz.RU