My profile:
Serbia will adhere to the provisions of an energy agreement with Russia that includes the sale of state-owned oil producer Naftna Industrija Srbije to Gazprom and the construction of part of the South Stream gas pipeline across its territory, Prime Minister Mirko Cvetkovic said.
"We will stick to the deal," Cvetkovic said Monday in an interview near Belgrade. The government is still seeking to negotiate a price for NIS, and has hired Deloitte & Touche to assess its value, he added.
Serbia's caretaker Cabinet postponed ratification of the energy accord in May until a new government and parliament could be formed after elections that month. Following an inconclusive vote, the two strongest parties vied to assemble rival coalitions and the energy deal with Russia stalled. The government on July 10 formed a committee to renegotiate the sale after Gazprom said NIS's value had declined since it offered $630 million for 51 percent stake in January.
Serbia to Sell NIS, Host South Stream
19 August 2008
Bloomberg
Discussion
Comments
The Moscow Times welcomes comments from our readers and encourages you to participate in creating a dialogue about modern-day politics, business and events in Russia. In order to post a comment, you must first be registered with our site, and all comments must adhere to our comments policy.
1. Comments must pertain to the topic of the corresponding article.
2. Comments must not contain vulgarity, ad hominem attacks, slander or anything resembling hate speech.
If you have posted a comment and it does not appear within 24 hours, please contact us.
1. Comments must pertain to the topic of the corresponding article.
2. Comments must not contain vulgarity, ad hominem attacks, slander or anything resembling hate speech.
If you have posted a comment and it does not appear within 24 hours, please contact us.
Most Read
-
5 Reasons Why Russia Isn’t China
Many believe that Moscow should have copied China’s reforms. But what made China’s reforms a success was inapplicable to Russia.
-
Sochi Olympic Workers Unpaid for Months
Some construction workers complain that they are going hungry after pawning their documents and valuables to get food at grocery stores, while sympathetic locals have organized a soup kitchen.
-
Putin Sells New Delhi ‘Plane-Proof’ Reactors
Prime Minister Vladimir Putin won support for Rosatom to build a dozen ultrasafe nuclear reactors in India, part of more than $10 billion in deals in energy, arms, telecoms and other cooperation signed during his visit Friday.
-
Aeroflot Passengers Stranded in New York
Aeroflot passengers complained Sunday that they had to sleep on the floor at New York’s John F. Kennedy Airport after bad weather delayed their flight by more than 24 hours.
-
Spoof Report of Russian Attack Causes Panic in Georgia
Thousands of Georgians panicked Saturday night when a pro-government television station aired a hoax that President Mikheil Saakashvili had been killed and Russians tanks had invaded their country.
-
Foreign Funds Take New Look at Russia
A total of $411 million flowed into Russian funds over the week ending March 11, the highest level since October, far outstripping investment flows into Russia's BRIC peers, according to fund tracker EPFR Global.
-
Teen Smoking Called a 'National Catastrophe'
Moscow's top doctor said Friday that smoking-related diseases were growing and warned that teenage smoking was leading to a "national catastrophe."
-
Russia's New Military Doctrine Is Outdated, NATO Chief Says
NATO Secretary-General Anders Fogh Rasmussen said Russia's new military doctrine is outdated and "does not reflect the real world."
-
Turnout High in Kremlin Election Test
Early official figures indicated a high turnout Sunday in elections that are seen as a test of President Dmitry Medvedev's commitment to democracy.
-
Russia Dismisses U.S. Human Rights Report
The Foreign Ministry indignantly dismissed U.S. criticism of Russia's human rights record Friday, saying the United States was guilty of its own abuses from Afghanistan to "the streets of America."
-
5 Reasons Why Russia Isn’t China
Many believe that Moscow should have copied China’s reforms. But what made China’s reforms a success was inapplicable to Russia.
-
The Olympic Test
Putin’s Olympics will put on display the system he has built, which is why I have so many doubts about the outcome.
-
Shuvalov Says Russia May Ditch the Ruble
Russia may scrap the ruble and introduce a common currency with Belarus and Kazakhstan as the nations broaden their alliance and seek to reduce their dependence on the dollar, First Deputy Prime Minister Igor Shuvalov said Friday.
-
Putin to Push Arms, Energy in India
Prime Minister Vladimir Putin will push India to double its payment for renovations on a long-delayed aircraft carrier, while also trying to conclude other deals for arms, nuclear energy and communications during a two-day visit beginning Thursday.
-
One Killed in Blaze at Opera Nightclub
One person was killed and two were reported missing after a blaze early Tuesday in the Opera nightclub.
-
Moscow Finishes 2nd as City of Billionaires
Forbes has released its global billionaires list, which has steel magnate Vladimir Lisin ranked as the world's 32nd richest person with $15.8 billion.
-
Difficult Task Defining Bandera’s Historic Role
Former Ukrainian President Viktor Yushchenko’s decision to confer the title of Hero of Ukraine on nationalist leader Stepan Bandera unleashed a storm of outrage inside and outside Ukraine.
-
The Real Four I’s
Institutions are corrupt to the core, infrastructure is collapsing, innovation is meager, and investment is evaporating.
-
Kiev Invited to Join Customs Union
Ukrainian President Viktor Yanukovych on Friday won pledges for revitalized ties and tighter economic cooperation, including an invitation to join a Russian-led customs union, during his first official visit to Moscow.
-
An Energy Superpower by Default
Instead of pouring money and energy into gas pipelines that are carrying less gas every year, why doesn’t the government develop Russia’s chemical industry?
-
CIA Admits Cold War Salvage of Soviet Nuclear Sub
More than 35 years on, Washington is finally owning up to Project Azorian, a brazen mission from the days of high-stakes — and high-seas — Cold War rivalry.
-
Hacker Arrested in Billboard Porn Stunt
In mid-January, the Garden Ring Road was choked with traffic as stunned motorists slowed down to gawp at a pornographic film playing on a 9-by-6 meter roadside video billboard. A hacker in Novorossiisk has been linked to the stunt.
-
Car Crash Thrusts LUKoil Into PR Nightmare
Bloggers are seething over what they interpret as insensitive comments made by the company after one of its vice presidents, Anatoly Barkov, was involved in a car crash that killed two people. Some have called for a boycott of LUKoil gas stations and a popular rapper has written a song declaring that Barkov will go to hell.
-
Adopted Boy's Death in U.S. Stirs Russian Anger
The case promises to reignite Russian anger over U.S. adoptions, a delicate issue in U.S.-Russian relations in recent years, and could tangle efforts by U.S. President Barack Obama to "reset" ties that deteriorated under the previous administration.
-
Officials Eye Lower Mortgage Rates
The average fixed mortgage rate for ruble loans has fallen to a post-crisis low of 15.8 percent and the government is fighting for rates to decline even further.
-
A Virtual Trip on the Trans-Siberian
Google and Russian Railways invite web surfers on a virtual journey across Russia aboard the legendary Moscow-Vladivostok train.
-
Lisin Tops Rich List With $18.8Bln
Novolipetsk Steel chairman Vladimir Lisin surpassed last year's leader, Onexim Group president Mikhail Prokhorov, and runner-up Roman Abramovich, to top a Russia rich list for the first time.
-
Putin Says Pipeline to Revive Greek Economy
Greece's debt trouble may speed up construction of the Burgas-Alexandroupolis oil pipeline, as Moscow and Athens vowed Tuesday to move forward on the project.
-
Finlandization of Georgia and Ukraine
Moscow has a right to protect its own security, but it does not have the right to interfere in the affairs of its neighbors.
-
Police Struggle With Bad Reputation
As public opinion polls show that police are among the country's least trusted institutions and incidents of police corruption are reported in the media almost daily, those enlisted to protect and serve struggle with their own battles to make a living.
