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NIS is one of the most profitable companies in Serbia and one of the largest domestic exporters, employing around 11,000 people in Serbia and the region. [ citation needed ] As of December 2024, Gazprom Neft is the largest shareholder with 50% of NIS shares, followed by 29.87% owned by the Government of Serbia, 5% owned by Gazprom and rest by ...
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.
For Gazprom the preferable option is to export gas from the second line to Bulgaria, Serbia, Hungary, Slovakia, and Austria. [21] The route in Bulgaria starts on the Bulgaria–Turkey borders and runs by a reverse mode to the compressor station in Provadia , north-east of Bulgaria.
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 Kosovo, a state-owned energy company plans to destroy a village to make way for expanded coal mining as the government and the World Bank plan for a proposed coal-burning power plant. The government has already forced roughly 1,000 residents from their homes. Many former residents claim officials violated World Bank policy requiring borrowers to restore their living conditions at equal or ...
The film was a key mobilizer for the anti-fracking movement, [1] and "brought the term 'hydraulic fracturing' into the nation's living rooms" according to The New York Times. [2] Fracking is a technique that has been used routinely since the late 1940s as an aid to stimulating production in oil and gas wells. [3]
YugoRosGaz a.d. is a Serbian natural gas distributor and transportation company, a subsidiary of Russian Gazprom. It is headquartered in Belgrade , Serbia . Ownership
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 ...