Serbia and Russia to expand cooperation in energy

Oct 28, 2010 12:00 AM

Minister of Energy and Mining Petar Skundric stated, following a meeting of the Intergovernmental Russian-Serbian Committee for Trade, Economic, Scientific and Technical Cooperation that there is a need to expand cooperation between Serbia and Russia in energy.
Skundric outlined that it was agreed to step up cooperation on the realisation of projects in the energy sector, as part of the oil and gas agreement between Serbia and Russia.

He observed that the Intergovernmental Committee has endorsed the proposal to speed up the overhaul of the sixth generating unit in the Djerdap 1 hydroelectric power plant in order to complete the renovation of the remaining five units on time.
The Minister remarked that the Committee declared that the reconstruction of the oil industry of Serbia NIS is going as planned, as well as the South Stream project and the construction of the Banatski Dvor underground gas storage facility.

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