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26. February 2003 - Wednesday |
Crud oil import liberalization
During the next two weeks the Serbian Government will bring a new rule concerning oil derivatives, says Kori Udovicki, Serbian Energy Minister. The new rule will enable crude oil imports by private companies, but private companies will be obliged to refine imported oil at domestic refineries. For now, there will not be any rising of oil derivative prices.
To avoid effects or potential oil crises, provoked by a war in Iraq, Mining and Energy ministry approved crude oil export to Beopetrol (30,000 tons), Nafta (15,000 tons), Lukoil (15,000 tons), Petrobard (10,000 tons), Trizori (10,000 tons).
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