Balkan Stream

Balkan Stream is a pipeline which transports Russian natural gas from Turkey to Bulgaria, Serbia^[1] and Hungary.^[2][3] It is an extension of Turk Stream.^[4][5] Annual capacity is almost 16 bcm from Turkey^[6] and 1.8 bcm onwards to Serbia.^[7]

The Serbian chunk of the project, purportedly named "Serbian stream", is headed by Srbijagas (or "South Stream Serbia AG"), the state-owned natural gas provider of Serbia and financed by Gazprom^{[8][need quotation to verify]}. Bulgarian and Hungarian parts of Balkan Stream, however, are owned by local gas operators.^{[citation needed]}