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April 10, 2003 - Thursday |
Delegation to seek energy loans
BELGRADE – A Serbian government delegation is to travel to the US to seek a loan from the World Bank for energy needs and to seek a strategic partner for the state oil monopoly, Serbian Oil Industries.
Mining and Energy Minister Kori Udovicki said today that the delegation will discuss investment in the oil pipeline linking the Black and Adriatic seas.
She told media that she expected the meeting with US officials and consultants to yield the best possible solution for involving US companies in the local market.
The US Agency for Promotion of Development is drafting a study on profitability which is expected to be finished in the summer.
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