Gazprom: Bulgaria Can Receive Russian Gas for at Least Another 70 Years

Gazprom: Bulgaria Can Receive Russian Gas for at Least Another 70 Years
energia.gr
Δευ, 14 Απριλίου 2014 - 12:03
Bulgaria will receive Russian gas for at least another 70 years, production complex number 22 Gazprom Dobycha Urengoy Deputy Director Oleg Kabanov informed.
Bulgaria will receive Russian gas for at least another 70 years, production complex number 22 Gazprom Dobycha Urengoy Deputy Director Oleg Kabanov informed.

For so long are estimated the reserves in the extraction places of the company , if the demand for natural gas in Russia and Europe remains at current levels.

However, these stocks remain relatively constant over time . The reason is that for every 1 billion cubic meters of gas producing, the company makes new discoveries for the same amount, said Kabanov.

According to Standart News, Aleksandar Vucic, First Deputy Prime Minister of Serbia declared an opposition to the practice of Russian oil giant Gazprom, owner of a 56% stake in Serbia's Naftna Industrija Srbije (NIS), taking away the entire EUR 380 million profit of the Serbian company last year.

Vucic claimed that Serbia had a right to use the profit according to its 29% stake in NIS. The money would be anyways used to settle the multi-million debt of the Serbian state-owned gas company Srbijagas to Gazprom.

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