Jul 25, 2013
Serbia will invest a 10 billion in the development of energy sector over the next eight years
Serbian Prime Minister Ivica Dacic said that Serbia would invest 10 billion in the development of energy sector over the next eight years.
'EUR 10 billion to be invested in energy in next 8 years'
PM Ivica Daeiae says Serbia will invest EUR 10bn in the development of the energy sector in the next eight years, which will complete a new investment cycle.
Serbia seeks to boost energy security
In a effort to solidify the security of its energy supply, Serbia opened an underground gas storage facility in Banatski Dvor last week, which can receive about 3m cubic meters of gas per day.
The European Bank for Reconstruction and Development and Srbijagas have signed a contract for a loan of EUR 150mn.
Chinese, Russian firms invest in Serbia's energy sector
China and Russia have invested the most in Serbia's energy infrastructure; now the European Bank for Reconstruction and Development has entered the market.