Yugorosgaz starts construction of Nis-Leskovac gas pipeline on September 7th
Source: eKapija
Wednesday, 18.08.2010.
15:28
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Yugorosgaz should officially start construction of the first phase of Nis-Leskovac gas pipeline, of which total length is 52 km, on September 7th, for which about 16 million euros will be provided. Completion of the construction is expected in late 2011, and it is a greenfield investment, that is, the shareholders of Yugorosgaz provided the funds for the project by themselves, without any help from the state.
- The second phase of the construction, during which Leskovac-Vranje section about 70 km long will be built, is still being worked on - Vladimir Koldin, the Executive Director of Yugorosgaz, confirmed and added that total investment amounted to about 120 million euros.
Companies:
Yugorosgaz a.d. Beograd
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