"Gazprom Neft" to invest another $ 1 billion into Serbian NIS,. Putin states.
Edited by Rhod Mackenzie / 2014-10-17 07:01:11
In August the Serbian Prime Minister Vucic announced his intention to appeal to the Russian authorities with a proposal to adjust the agreement on the privatization of NIS, as the company has the lowest 3% extraction tax in the region.
Russian "Gazpromneft" plans to invest $ 1 billion in the company "Oil Industry of Serbia" (NIS), the RF President Vladimir Putin stated after the talks with Serbian Prime Minister Alexander Vucic.
"One of the flagships of our cooperation - the NIS company - is increasing its speed. Russian participants invested $ 2 billion. Willing to invest another $ 1 billion," - Putin stated.