Energy deal signing unlikely on Monday

A Serbian delegation led by first deputy PM Ivica Dačić will travel to Moscow on Monday, it has been confirmed.

Izvor: B92

Sunday, 23.11.2008.

15:20

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A Serbian delegation led by first deputy PM Ivica Dacic will travel to Moscow on Monday, it has been confirmed. However, analysts do not believe that the strategic Russo-Serbian energy agreement contracts will be signed as the sides meet in the Russian capital. Energy deal signing unlikely on Monday Official Belgrade is sticking to the provisions of the agreement ratified in parliament, reports say, treating as one package the construction of a part of the South Stream natural gas pipeline through Serbia, final works on the Banatski Dvor underground storage facilities, and sale of a controlling stake in Serbia's public oil enterprise NIS to Gazprom. Politika daily's Jasna Petrovic, who is covering energy sector news, believes that the contracts will not be signed in the next two days, with the meetings in Moscow giving the sides another chance to go through the contentious parts of the deal. "They could possibly agree on the pipeline's larger capacity, or add a guarantee that it will go through Serbia. The biggest problem at this point is that we have no guarantee that they will build the South Stream after they buy NIS. And that is the reason why nothing will be signed in Moscow tomorrow," this journalist believes.

Energy deal signing unlikely on Monday

Official Belgrade is sticking to the provisions of the agreement ratified in parliament, reports say, treating as one package the construction of a part of the South Stream natural gas pipeline through Serbia, final works on the Banatski Dvor underground storage facilities, and sale of a controlling stake in Serbia's public oil enterprise NIS to Gazprom.

Politika daily's Jasna Petrović, who is covering energy sector news, believes that the contracts will not be signed in the next two days, with the meetings in Moscow giving the sides another chance to go through the contentious parts of the deal.

"They could possibly agree on the pipeline's larger capacity, or add a guarantee that it will go through Serbia. The biggest problem at this point is that we have no guarantee that they will build the South Stream after they buy NIS. And that is the reason why nothing will be signed in Moscow tomorrow," this journalist believes.

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