Displaying 1 - 10 of 13 articles
Work on Serbian section of the South Stream gas pipeline is planned to start in November or December of this year. Serbian officials hope it will be significant contributer towards the resuscitation of the failing Serbian economy. Dusan Bajatovic, general manager of Serbian state-owned gas company...
Serbia's largest gas supply and transport company, Srbijagas, has posted profits of 1.29 billion dinars (€11 million) despite overall losses on domestic gas sales. The company, which is bound to sell gas below cost due to government caps on domestic gas prices, increased its profits by 42...
Life ain’t bad when one of the largest oil and gas companies has got your back. Just ask Serbia’s NIS Gazprom Neft following Russian Gazprom’s acquisition of 51% of the company in 2009. These days NIS, established in 1949, is a vertically integrated energy company with foreign assets...
Serbian state-owned energy company Srbijagas has announced that it has received a discount from Russian gas supplier Gazprom for gas supply to the company. The 12 per cent discount will apply to gas purchased in the first quarter of 2012. In a statement from the company, Srbijagas says that...
Gazprom Management Committee Chairman Alexei Miller has said that natural gas prices could go down in the first quarter of 2012 report's Serbia's Tanjug Miller was in Serbia to meet with President Boris Tadic and to commerate the opening of a underground storage facility build by Srbijagas in partnership...
The State Oil Company of Azerbaijan Republic (SOCAR) could begin gas supply to Europe by 2017, the president of the company has said today. Murad Heydarov, president of SOCAR, told the European Vector of Caspian Energy conference in Baku that the company was considering beginning supply to Europe before...
A statement from the eSerbian government informs that Serbia's Environment, Mining and Spatial Planning Minister Oliver Dulic met with Estonian Minister of Economy Juhan Parts and discussed the possibilities cooperation on the exploitation of oil shale in the Aleksinac basin. According to Dulic, Estonia...
Serbian President Boris Tadic has said that his nation would like to join the Azerbaijan-Georgia-Romania-Interconnection (AGRI) project to secure the LNG supplies to central Europe. AGRI seeks to bring Caspian gas to the Georgian Black Sea coast where it can be condensed before being shipped to Romania.
Serbia may start construction on its portion of the South Stream pipeline by the end of 2011, according to the general director of the state-owned gas company Srbijagas. Speaking at an energy conference, Dusan Bajatovic told delegates that country could begin construction on the pipeline in the...
East West Petroleum Corp. has announced the signing of agreement that will lead to the drilling of 12 well in onshore Romania.East West and Naftna Industrija Srbije j.s.c. Novi Sad ("NIS") will advance the development of four Romanian onshore blocks EX-2 (Tria), EX-3 (Baile Felix), EX-7 (Periam) and...