USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

146

Serbia to Sign 3 Energy Deals with Russia Next Week

Serbian President Boris Tadic arrives in Moscow next week to sign three oil and gas deals with Russian energy giant Gazprom

Serbia to Sign 3 Energy Deals with Russia Next Week

"The Serbian delegation will be in the Russian capital on December 17. It will be led by President Tadic," RIA News cites the source in Belgrade. Tadic's visit will come a week after his last trip to Moscow, for the funeral of Russian Orthodox Patriarch Alexy II on December 9.

A preliminary agreement was signed in Moscow on January 25 that includes the acquisition by Gazprom's oil arm Gazprom Neft of a 51% stake in state-owned Naftna Industrija Srbije (NIS) for $400 million, Gazprom's $500 million investment in a gas storage facility in Serbia, and the construction of the Serbian segment of the South Stream pipeline.

On December 5, during talks with Gazprom CEO Alexei Miller in Belgrade, the Serbian president confirmed the agreements would be signed by the end of the year.

Under the South Stream project, a 400-km (248 mile) leg will be built in Serbia for Russian natural gas supplies to and via the Balkans.

Author: Ksenia Kochneva


Подпишитесь

Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru