Middle East Economic Survey
VOL. LIV
No 4
24-Jan-2011
CASPIAN
Gazprom Neft To Increase Its Stake in Serbia’s NIS
Russia’s Gazprom Neft announced on 17 January that it plans to increase by 19.12% its interest in Serbia’s main oil and gas company, Naftna Industrija Srbije (NIS). Since December 2008 Gazprom Neft has held 51% of the equity of NIS, which is a potential partner in the Serbian section of the proposed South Stream gas pipeline project and recently won a...
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