“Today Gazprom and Serbia confirmed the strategic nature of the bilateral cooperation in the oil and gas sector. A long-term contract was signed, Serbia received the guarantees of gas supplies at a good price. Successful execution of joint projects in oil production and processing as well as underground gas storage strengthens our partner relations. The South Stream project – the largest European infrastructure project for today – will include Serbian companies and fully cover Serbia's future demands for energy resources. We are looking into new power generation projects, which may become the next step in our strategic partnership”.