On 21 November, Serbia launched its first natural gas underground storage facility in the northern town of Banatski Dvor to help cut reliance on gas deliveries that arrive via Ukraine and boost the country’s role as an energy hub. The reservoir is the first facility within the planned Russian-backed South Stream gas pipeline project.

Attending a ceremony with Gazprom CEO Alexei Miller, Serbian President Boris Tadic said that by opening the Banatski Dvor reservoir with the Russian gas giant, S...

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