Region: TTF gas prices...

In the final week of October 2024, TTF (Title Transfer Facility) gas futures...

Region: Electricity prices surge...

In Week 44 of 2024, several factors contributed to a surge in electricity...

Romania secures €70 million...

The Romanian Ministry of Energy has announced the allocation of approximately €70 million...

Hungary exceeds gas storage...

Hungary's gas storage facilities are currently holding 6 billion cubic meters of gas,...
Supported byClarion Energy banner
HomeUncategorizedNIS Managing Board...

NIS Managing Board adopts development strategy for period until 2020

The Managing Board of the Petroleum Industry of Serbia (NIS) has adopted a development strategy for the period until 2020 in the market of the Balkans, the company announced today.

According to a statement issued by NIS, the strategy envisages that the volume of oil derivatives sales in 2020 amounts to 5 million tonnes, 91% more than in 2010.

Oil refining and production capacities should grow by 75% and 306%, respectively.

According to the adopted strategy, what will contribute the most to a growth of the profit of NIS is the production and sales development.

“The aim of NIS is to develop by 2020 into one of the strongest competitors in the market of South Europe, as well as to be the fastest-growing regional player in the market of the Balkans in terms of production, refining and retailing”, reads the statement.

Source nis.rs

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

FBiH: Net electricity production reached 473 GWh in June

Net electricity generation in the Federation of BiH fell to 473 GWh in June 2024 from 582 GWh in the same month last year, according to the data published by the statistical office. In the same period, electricity imports increased to 126 GWh...

Croatia: JANAF buys 5.2 MW solar park

Croatian oil pipeline operator JANAF has indirectly acquired the Bulinac solar photovoltaic power plant with an installed capacity of 5.18 MW as part of its diversification strategy, the company said in a filing to the Zagreb stock exchange.The acquisition of this...

Serbia: Banatski Dvor gas storage expansion to begin in October

Serbia will start works to expand the Banatski Dvor natural gas storage facility in October, according to Dusan Bajatovic, head of natural gas importer and distributor Srbijagas.The expansion works are expected to be completed in 18 months, Bajatovic said in...
Supported bySEE Mining News
error: Content is protected !!