Gazprom optimistic about Serbia pipeline deal
Published: 28 April, 2008, 19:25
Gazprom oil subsidiary, Gazpromneft, says it remains optimistic about Russia-Serbia energy co-operation, despite several delays in the ratification of an energy agreement between the two nations.
Under the terms of the Russia-Serbia oil and gas
agreement, a 400-kilometre section of the South Stream pipeline will be built through Serbia.
In return, Gazpromneft will acquire a 51% stake in Serbia's state-owned oil company, NIS, for €400 million.
Gazpromneft hopes to finalise the deal with NIS after the Serbian parliamentary elections in May.
28.04.2008, 17:55
Outgoing Italian PM declines South Stream job offerItaly’s outgoing PM Romano Prodi has formally turned down a top post in South Stream AG, a European gas pipeline project. During a meeting with Gazprom CEO Aleksey Miller he said 'he was flattered', but declined the proposal. |
28.04.2008, 19:39
Ukraine pays off gas debt to RussiaAccording to Ukraine’s Prime Minister Yulia Timoshenko, Ukraine has paid off all its natural gas debts to Russia. |
