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In 2013, the government of Serbia decided to split Srbijagas into two separate companies because of its mounting debt and unsustainable business practices. Since 2013, the transportation and storage units have been operated by Transgas AD, while trade and distribution have continued to be operated by the Srbijagas AD.
In December 2012, NIS opened the first petrol station under the Gazprom brand in Serbia, [22] and subsequently in Romania (the same month), [23] and in Bulgaria (in July 2013). [24] As of 31 December 2016, NIS with 324 filling stations was the largest petroleum company in Serbia in terms of market network. [25]
Balkan Stream is a pipeline which transports Russian natural gas from Turkey to Bulgaria, Serbia [1] and Hungary. [2] [3] It is an extension of Turk Stream.[4] [5] Annual capacity is almost 16 bcm from Turkey [6] and 1.8 bcm onwards to Serbia.
Gazprom is a vertically integrated company, one which owns its supply and distribution activities. [67] Gazprom owns all its main gas processing facilities in Russia. It operates Russia's high pressure gas pipelines and since 2006, it has held a legal export monopoly.
Hydraulic fracturing [a] is a well stimulation technique involving the fracturing of formations in bedrock by a pressurized liquid. The process involves the high-pressure injection of "fracking fluid" (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep rock formations through which natural gas, petroleum ...
In a 2022 IEA commentary, it was noted that Serbia relies entirely on Russian gas imports. The country signed a three-year contract with Gazprom in May 2022 for 2.2 billion cubic meters annually. The anticipated Bulgaria-Serbia interconnector, offering 1.8 billion cubic meters per year from Bulgaria, is expected to diversify Serbia's gas ...
Hydraulic fracturing is the propagation of fractures in a rock layer by pressurized fluid. Induced hydraulic fracturing or hydrofracking, commonly known as fracking, is a technique used to release petroleum, natural gas (including shale gas, tight gas and coal seam gas), or other substances for extraction, particularly from unconventional reservoirs. [1]
Russian energy company Gazprom has several hundred subsidiaries and affiliated companies owned and controlled directly or indirectly. The subsidiaries and affiliated companies are listed by country. The subsidiaries and affiliated companies are listed by country.