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Energy agreement with Russia to be ratified in September
Belgrade,
20 August 2008
Serbian Minister of Energy and Mining Petar Skundric said that the energy agreement with Russia cannot fall through and added he expects it to be ratified with an absolute majority at the September parliament session.
Petar Skundric
In an interview for today’s edition of the Vecernje Novosti daily, Skundric said that MPs will understand why this agreement must be the priority at parliament’s first session.
He said the agreement is the best strategic and development project in the next 50 years with which Serbia will be able to achieve energy stability as well as a leading position in gas economy, production of oil derivatives and a strategic partnership with Russia and the EU.
The Minister announced that until the end of 2008, and possibly in the first quarter of 2009, there will be no further hikes in the price of electric energy, adding that due to the recent increase, the minimum conditions for the work of the electric power company Elektroprivreda Srbije have been created.
He said the agreement is the best strategic and development project in the next 50 years with which Serbia will be able to achieve energy stability as well as a leading position in gas economy, production of oil derivatives and a strategic partnership with Russia and the EU.
The Minister announced that until the end of 2008, and possibly in the first quarter of 2009, there will be no further hikes in the price of electric energy, adding that due to the recent increase, the minimum conditions for the work of the electric power company Elektroprivreda Srbije have been created.
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