Cabinet adopts platform, Gazprom reacts

A specialized website looks at the aftermath of the government's decision on energy cooperation with Russia.

Izvor: B92

Sunday, 30.12.2007.

11:45

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A specialized website looks at the aftermath of the government's decision on energy cooperation with Russia. Energyobesrver says this Sunday that Russia's gas and oil giant Gazprom expected a deal, rather than just a platform on continued talks, to be adopted by the Serbian government's extraordinary session yesterday. Cabinet adopts platform, Gazprom reacts The cabinet meeting came on the heels of Economy Minister Mladjan Dinkic's publicly voiced dissatisfaction with the Russian offer. He confirmed that it consisted of EUR 400mn plus investments, and construction of a gas pipeline at a later date, for the 51 percent stake in Serbia's oil monopoly NIS, and dubbed the offer "humilitating". Prime Minister Vojislav Kostunica asked him the next day to resign from a government working group in charge of preparing the agreement. Now Energyobserver says that adopting a platform means stalling until a final answer in offered to the Russians. According to this source, most ministers "from the economic part of the government" did not show approval and enthusiasm for the idea, something the Russians "expected". Therefore, the website concludes, if Gazprom really is interested in buying NIS, it will have to "significantly correct its energy cooperation offer". Meanwhile, Gazprom sources said Sunday that the company was "satisfied" with a platform for negotiations on an agreement between the Serbian government and Russia, related to cooperation in the oil and gas sector, adopted Saturday. Tanjug learned from the company's officials that the platform "represents essential progress towards the conclusion of an agreement on cooperation, whose proposal was handed over to the Serbian government on December 11." After the holidays, authorized representatives of the company would travel to Belgrade, so as to consider with Serbian partners all the platform points, unnamed officials told the agency. "This will open the way for reaching a final agreement to mutual benefit," the sources with Gazprom concluded.

Cabinet adopts platform, Gazprom reacts

The cabinet meeting came on the heels of Economy Minister Mlađan Dinkić's publicly voiced dissatisfaction with the Russian offer.

He confirmed that it consisted of EUR 400mn plus investments, and construction of a gas pipeline at a later date, for the 51 percent stake in Serbia's oil monopoly NIS, and dubbed the offer "humilitating".

Prime Minister Vojislav Koštunica asked him the next day to resign from a government working group in charge of preparing the agreement.

Now Energyobserver says that adopting a platform means stalling until a final answer in offered to the Russians.

According to this source, most ministers "from the economic part of the government" did not show approval and enthusiasm for the idea, something the Russians "expected".

Therefore, the website concludes, if Gazprom really is interested in buying NIS, it will have to "significantly correct its energy cooperation offer".

Meanwhile, Gazprom sources said Sunday that the company was "satisfied" with a platform for negotiations on an agreement between the Serbian government and Russia, related to cooperation in the oil and gas sector, adopted Saturday.

Tanjug learned from the company's officials that the platform "represents essential progress towards the conclusion of an agreement on cooperation, whose proposal was handed over to the Serbian government on December 11."

After the holidays, authorized representatives of the company would travel to Belgrade, so as to consider with Serbian partners all the platform points, unnamed officials told the agency.

"This will open the way for reaching a final agreement to mutual benefit," the sources with Gazprom concluded.

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