24 April 2008

Serbia To Delay Ratifying Energy Deal

DOI 24 April 2008

MOSCOW TIMES (MOSCOW)—According to Serbia’s Defense Minister Dragan Sutanovac, Serbian lawmakers will delay ratifying an oil and gas agreement with Gazprom until after the 11 May elections. Sutanovac called the delay a “campaign move,” and noted that under Serbia’s constitution, an outgoing government cannot propose laws or ratification of treaties to the outgoing parliament. Serbia agreed on 22 January, pending ratification, to sell 51 per cent of Naftna Industrija Srbije (NIS) to Gazprom and to open talks on building a pipeline through Serbia to Italy. Gazprom offered USD 584 million for the share in NIS. Source: http://www.moscowtimes.ru/article/1009/42/362288.htm (Reliability: 8)

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