The Serbian Government’s document on the strategy and development plans of the NIS is aligned with that company major owners (GazpromNeft) and the government should adopt it confirmed Energy Minister Zorana Mihajlovic.
European Energy Commissioner Guenther Oettinger warned that Serbia will have to bring agreement on South Stream in line with European regulations.
Under the new business statute of Serbia power utility company EPS general acts adopted by the director must be approved by the Supervisory Board.
Construction of at least two energy facilities will begin in Serbia in 2014, which will with the work on South Stream and negotiations on investment, revive energy sector.
Serbia Energy Business Intelligence desk presents latest power market report on electricity market start up for middle level voltage industrial consumers.
Energy Minister Zorana Mihajlovic confirmed that only few days ago she saw the letter of the European Energy Community, sent in 2010 to the then Energy Minister Petar Skundric, which warns of possible problems in the signing of an agreement on the South Stream pipeline.
Electric Power Industry of Serbia (EPS) improved its financial results for about 200 MEUR compared to planned loss in 2013, and achieved record production and export of electricity, said the Acting Director of EPS Aleksandar Obradovic.
Elektrovojvodina ends 2013 with a plus of 750k Eur. At the same time the losses due to unauthorized use of electricity decreased during the year for 175 million dinars.
The liberalization of the electricity market in the medium voltage grid is accessed as required by law, organizationally and technically everything is ready, said the Deputy Minister of Energy Dejan Trifunovic.
Electric Power Industry of Serbia (EPS) will end the year with one of the best production and financial results in the company’s history, Obradovic said.
Korean car manufacturers companies Jura and Shin Won representatives signed contract with Serbian power supplier the EPS Supply company by witch it was predicted to buy electricity from domestic supplier in the next year.