Serbian President Aleksandar Vucic said Wednesday that the TurkStream gas pipeline project is crucial for the economic progress of his country.

Speaking at the project’s opening ceremony in Istanbul, Vucic said: “The Turkish Stream gas pipeline has great importance for the future of Serbia, for attracting investments and for the further economic and industrial progress of the country.”

He said the pipeline will allow Serbia to purchase gas at lower prices than before.

“The construction of a 403-kilometer gas pipeline through Serbia brings gas to Vladicin Han, Ljubovija, Bajina Basta and other places subsequently increasing industrial growth.”


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