Serbian gas utility Srbijagas has completed a feasibility study for the country's section of the South Stream gas pipeline, designed to carry Russian gas under the Black Sea to southern and central Europe, the company said in a statement last week. The study was carried out by South Stream Serbia, a joint venture between Rus- sia's Gazprom and Srbijagas set up last year to engineer, build and operate the Serbian stretch of the line. The Russian gas giant holds 51% in both ventures, while Srbijagas owns 49%.
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