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2014-12-14 15:15:00

GAZPROM & SERBIA STRATEGIC PARTNERSHIP

ГАЗПРОМ И СЕРБИЯ: СТРАТЕГИЧЕСКОЕ ПАРТНЕРСТВО

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Slavenko Terzic, Ambassador Extraordinary and Plenipotentiary of the Republic of Serbia to the Russian Federation.

The parties noted the strategic nature of their partnership in the energy sector and named, in particular, the cooperation in the gas supply, underground gas storage, oil refining and electric power generating sectors.

Special focus was placed on ensuring reliable gas supplies to Serbia this winter. It was noted that productive interaction within the domestic UGS sector was a prerequisite for having a comfortable heating season in Serbia. Before this winter period, Gazprom fully loaded the Banatski Dvor UGS facility with the maximum working gas capacity of 450 million cubic meters. The gas storage guarantees reliable gas supplies from Russia not only to Serbia, but also to Hungary and Bosnia & Herzegovina.

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In 2013 the long-term Contract was signed to annually supply up to 1.5 billion cubic meters of gas for a period of 10 years from Russia to Serbia. Gazprom delivered approximately two billion cubic meters of gas to Serbia in 2013.

The Banatski Dvor UGS facility – one of the largest gas storages in Southeastern Europe – was put onstream in 2011. Its working gas capacity makes up 450 million cubic meters and maximum daily deliverability – 5 million cubic meters.

gazprom.com

 

Tags: РОССИЯ, RUSSIA, ГАЗПРОМ, СЕРБИЯ, GAZPROM, SERBIA, GAS, ГАЗ

Chronicle:

ГАЗПРОМ И СЕРБИЯ: СТРАТЕГИЧЕСКОЕ ПАРТНЕРСТВО
October, 16, 11:50:00

SAUDI ARAMCO IPO

Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation, who said a domestic share sale in Riyadh could still happen next year.

ГАЗПРОМ И СЕРБИЯ: СТРАТЕГИЧЕСКОЕ ПАРТНЕРСТВО
October, 16, 11:45:00

SAUDI'S BANKS ARE BETTER

But we expect a rise in the sector's NPL ratio and muted credit demand in the second half of 2017 and 2018, reflecting the slowing economy. GDP growth slowed to 1.4% in 2016 from 3.4% in 2015 and we expect it to be below 1% in 2017 and 2018.

ГАЗПРОМ И СЕРБИЯ: СТРАТЕГИЧЕСКОЕ ПАРТНЕРСТВО
October, 16, 11:40:00

OPEC EXPECTATION

The Organization of Petroleum Exporting Countries and allies including Russia have been cutting oil production this year to bring fuel inventories in industrialized nations back in line with the five-year average.

ГАЗПРОМ И СЕРБИЯ: СТРАТЕГИЧЕСКОЕ ПАРТНЕРСТВО
October, 16, 11:35:00

JAPAN LNG INVESTMENT

The Japanese government will offer $10 billion to support firms bidding to build liquefied natural gas (LNG) infrastructure around Asia, the Nikkei business daily said on Monday.

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