The construction of the Serbian section of a gas interconnector between Serbia and Bulgaria, enabling transfers of between 1 and 1.8 billion cubic metres (bcm) of natural gas annually from Bulgaria to Serbia and 150 million bcm from Serbia to Bulgaria is to be financed by the European Investment Bank (EIB). The public lending institution is lending EUR25 million to JP Srbijagas Novi Sad. See http://www.eib.org/en/projects/pipelines/pipeline/20170205
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