In Belgrad (Serbia) South Stream d.o.o. entered into a contract with Centrgaz, which won the bidding for the South Stream gas pipeline construction in the Republic of Serbia. Centrgaz will focus on design, procurement, construction and installation activities, personnel training and commissioning of South Stream in Serbia. The contract stipulates involving Serbian subcontractors in carrying out certain operations.

Taking part in the bidding procedure which started in March 2014 were four bidders, comprised of Russian and Serbian companies.

About South Stream

South Stream is Gazprom's global infrastructure project aimed at constructing a gas pipeline with a capacity of 63 billion cubic meters across the Black Sea to Southern and Central Europe for the purpose of diversifying the natural gas export routes and eliminating transit risks. The first gas will be supplied via South Stream in late 2015. The gas pipeline will reach its full capacity in 2018.
South Stream d.o.o. joint project company (Gazprom and Srbijagas holding 51 and 49 per cent respectively) will construct and operate the South Stream gas pipeline in Serbia.
The South Stream project was awarded the special status by the resolution of the Serbian Parliament.


In October 2012 the final investment decision was taken on the South Stream project in Serbia.

About Centrgaz

A part of Gazprom Group, Centrgaz is a versatile investment & construction holding fit with high-performance equipment and powerful machinery. The company employs a sufficient number of skilled professionals involved in the construction and capital repairs of compressor stations, gas trunklines and gas distribution grids.
Centrgaz is well experienced in constructing gas trunkline facilities and gas industry systems. The company was engaged in the construction of gas industry processing facilities nearly across all the European area of the former Soviet Union and in Siberia as well as in regional gasification activities. During the 40 years of its business life, the holding successfully pre-developed gas fields in Yamburg, Urengoy, Strezhevoy and retrofitted the Central Asia – Center and Urals – Kuzbass gas trunklines. One of the company's most recent important projects is the participation in creating the Bovanenkovo – Ukhta gas trunkline system. At present, Centrgaz is involved in the construction of gas supply facilities in more than 10 Russian regions.

About Gazprom

Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel as well as generation and marketing of heat and electric power.

Gazprom views its mission in reliable, efficient and balanced supply of natural gas, other energy resources and their derivatives to consumers.

Gazprom holds the world’s largest natural gas reserves. The Company’s share in the global and Russian gas reserves makes up 18 and 72 per cent respectively. Gazprom accounts for 14 and 74 per cent of the global and Russian gas output accordingly. At present, the Company actively implements large-scale projects aimed at exploiting gas resources of the Yamal Peninsula, Arctic Shelf, Eastern Siberia and the Far East, as well as hydrocarbons exploration and production projects abroad.

Gazprom is a reliable supplier of gas to Russian and foreign consumers. The Company owns the world’s largest gas transmission network – the Unified Gas Supply System of Russia with the total length of over 168 thousand kilometers. Gazprom sells more than half of overall produced gas to Russian consumers and exports gas to more than 30 countries within and beyond the former Soviet Union.