Serbia Reaches Energy Deal with Russia in Spite of Strong Opposition

Serbia Reaches Energy Deal with Russia in Spite of Strong Opposition
Energia.gr
Τρι, 23 Δεκεμβρίου 2008 - 15:14
Serbia said yesterday it has agreed on a multi-million-dollar energy deal with Russia, to be signed this week despite strong opposition within the Balkan country's government. The deal means Serbia will sell its oil monopoly, NIS, to Russia's state-controlled Gazprom in exchange for the construction of a strategic Russian pipeline through Serbia.

Serbia said yesterday it has agreed on a multi-million-dollar energy deal with Russia, to be signed this week despite strong opposition within the Balkan country's government. The deal means Serbia will sell its oil monopoly, NIS, to Russia's state-controlled Gazprom in exchange for the construction of a strategic Russian pipeline through Serbia.

Serbian officials said the deal will be signed in Moscow tomorrow but Dusan Bajatovic, Serbia's senior negotiator with Gazprom, declined to reveal details of the deal.

(KATHIMERINI, 23/12/2008)

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