Serbia has launched a tender for a contract for supervision of the construction works on the interconnection of its gas distribution system with Bulgaria's, the Serbian government said.
The tender represents the first step in the preparation for the construction of the new gas pipeline which is expected to start later this year, the government said in a press release.
Total investment of the Nis-Dimitrovgrad gas pipeline, which represents the Serbian section of the interconnector, will amount to 85.5 million euro ($104 million), to be provided from the pre-accession funds of the European Union (EU) and a loan from the European Investment Bank, the government added.
According to a notice posted on the website of the finance ministry's department for contracting and financing of EU-funded programmes, the estimated value of the supervision contract is 3.9 million euro. Interested companies will be able to place bids in the tender by February 24.
In May 2018, Bulgaria and Serbia signed a declaration on the construction of a pipeline that will link their gas transmission systems, to become operational by May 2022.