The President of the Republic of Serbia, Boris Tadic, and Miller took part in the commemoration of the ceremonial commissioning of the underground gas storage (UGS) "Banatski Dvor".
Underground storage is one of the largest gas storage facilities in South-Eastern Europe. The active storage capacity of underground gas storage 450 million cubic meters. meters of gas, Maximum Performance for selection — 5,000,000 cubic meters. m night. "Banatski Dvor" also has the potential for further expansion. UGS provides additional reliability of Russian gas exports to Hungary, Serbia, Bosnia and Herzegovina.
In fact, the commissioning of the underground gas storage "Banatski Dvor" — this is the launch of the first object in the South Stream project — said Alexey Miller.
Construction of the "South Stream" on the territory of Serbia will promote the development of industrial potential of the country. In particular, the new project will create about in Serbia 2,200 jobs and to raise up to € 1.5 billion of direct investment.
In 2010, "Gazprom" has put in Serbia 2.1 billion cubic meters. of natural gas.
Transport, distribution and storage of natural gas on the territory of Serbia is engaged in state-owned enterprise "Srbijagas", formed by the Government of the Republic of Serbia as a result of the reorganization of the state enterprise "Petroleum Industry of Serbia" October 1, 2005.
In order to diversify export routes of natural gas OAO "Gazprom" is constructing a gas pipeline across the Black Sea to the countries of Southern and Central Europe — the "South Stream". In order to implement the onshore part of the project with Bulgaria, Serbia, Hungary, Greece, Slovenia, Croatia and Austria signed intergovernmental agreement.
January 25, 2008 between Russia and Serbia signed the Intergovernmental Agreement on the integrated project "South Stream" project and UGS "Banatski Dvor".
In October 2009, OAO "Gazprom" and SE "Srbijagas" signed an agreement to establish a joint venture (JV) UGS "Banatski Dvor". SP, whose functions include the construction and operation of an underground storage facility, was registered in February 2010. The shares in the joint venture are as follows: The group "Gazprom" — 51%, "Srbijagas" — 49%. UGS "Banatski Dvor" is created on the basis of the eponymous depleted gas field, located 60 km north-east of the city of Novi Sad.