OREANDA-NEWS. November 17, 2009. The constituent documents, including the charter, of the South Stream Serbia AG joint venture, created by Gazprom and the Serbian state-owned company Srbijagas to implement the South Stream project in Serbia, were signed and registered today in Bern, Switzerland.

Among other things, South Stream Serbia AG will prepare a feasibility study of the Serbian section of the South Stream project. In addition, if a decision is made to go ahead with the investment, the company will design, finance, build and operate the gas pipeline in Serbia. Gazprom’s share in the JV will be 51%, while Srbijagas will hold 49%.

The registration procedure will be completed in the near future.