Alexey Miller and Serbian Minister of Mining and Energy Aleksandar Antic review status of joint projects
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Aleksandar Antic, Minister of Mining and Energy of the Republic of Serbia, took place today at the St. Petersburg International Economic Forum 2019.
The parties discussed the current status of their joint projects, in particular the ongoing construction of the Pancevo TPP, which is due to be brought onstream next year. The meeting participants also examined the possibility of building new gas-fired power plants in Serbia, as well as issues related to the development of a small-scale LNG market in the country.
Special attention was paid to the construction of Serbia's national gas transmission system. Aleksandar Antic informed Alexey Miller that the project is running on schedule: intensive work is underway in two sections of the route. It is expected that construction permits will be issued for the two remaining sections of the gas pipeline's linear part, which is planned to be completed before the end of 2019.
The St. Petersburg International Economic Forum 2019 is being held at the EXPOFORUM Convention and Exhibition Centre from June 6 to 8. This year's key topic is Creating a Sustainable Development Agenda.
In 2018, Gazprom exported to Serbia 2.15 billion cubic meters of gas, a 1.2 per cent increase from 2017 (2.12 billion cubic meters).
In June 2017, Gazprom and the Serbian Ministry of Mining and Energy signed the roadmap providing for the development of gas transmission capacities in the country.
In June 2018, the Gazprom Board of Directors approved the Company's power generation strategy for 2018–2027. The document provides for, among other things, the diversification of Gazprom's power business by entering promising foreign markets.
At present, the Gazprom Energoholding Group, together with NIS a.d. Novi Sad (Gazprom Neft Group), is implementing a project for the construction of a combined cycle thermal power plant (TPP) with a power capacity of some 200 MW near a refinery in Pancevo.