Participation of Günther Oettinger, Boïko Borissov, Bulgarian Prime Minister, Ivica Dačić, Serbian Prime Minister and Minister for the Interior, in the signing ceremony for the gas interconnector Bulgaria-Serbia
On 14 December 2012, Boïko Borissov, Bulgarian Prime Minister, and Ivica Dačić, Serbian Prime Minister and Minister for the Interior, signed, in presence of Günther Oettinger, Member of the EC in charge of Energy, an agreement to put in place the first gas pipeline between Bulgaria and Serbia. On this occasion they held a press point regarding the so called Nis-Dimitrovgrad-Sofia pipeline which is aimed to contribute to the security of gas supply of the countries. This is particularly important given that both of them were severely affected by the 2009 gas supply disruption. This bi-directional pipeline is also critical to the development of the gas market of the entire region. It is part of the Energy Community Gas Ring concept promoted by the European Commission. The investment required for this 180- kilometre long pipeline, with a capacity of ca 1.8 billion cubic meters per annum, is estimated at 100-120 million Euro. With this agreement in place, investment decisions on both sides of the border can now be taken to enable the completion of project design and the start of construction by July 2014. The first gas should flow by the end of 2015.