Serbia signs agreement on construction of gas power plants with Gazprom Energoholding – Realization possible in several cities

Source: Tanjug Sunday, 09.06.2019. 15:31
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The agreement on the construction of gas power plants in the territory of Serbia was signed on June 7 in Saint Petersburg by Serbian Energy Minister Aleksandar Antic with Gazprom Energoholding.

– We also discussed Petrohemija, since NIS, that is Gazpromneft, has shown a great interest when it comes to Petrohemija. We will continue the talks on the possibility of having this process defined through a strategic partnership – Antic said at the economic forum SPIEF.

He added that it was important for Serbia to find a partner for Petrohemija, such as would secure strong investments and make Petrohemija successful and sustainable, regardless of the potential turbulences when it comes to the price of raw oil.

When it comes to gas power plants, the minister said that the agreement had been signed in the presence of the chairman of the Management Committee of Gazprom, Alexey Miller.

– This is a serious step forward in the development of these projects we have been planning with Gazprom for a long time now.

Antic says that the possibility of construction of these power plants for combined production of power and heating should be examined for several cities. Kragujevac has made the most progress in that respect. As for Belgrade, Nis and Novi Sad, negotiations with the local self-governments are yet to take place.

– The construction of gas power plants is possible and feasible only if, in addition to power production, we can secure adequate heating production – the minister explained.


He added that he had also talked with Alexander Dukov, the director of Gazpromneft, about the joint activities to the end of strengthening NIS, both as a company and as a regional player.

– In that sense, we agreed that the key investment concerning the production of the Deep Processing facility was going as planned and that this EUR 300 million investment would be completed in the autumn of the current year, which is an important step forward for NIS. This investment considerably increases the efficiency and depth of processing to over 99%. This refinery will be efficient and far more profitable and operate in line with the highest environmental standards – Antic emphasized.

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