NIS to invest 72 mln. euro in Pancevo refinery modernization
Serbian oil and gas company NIS, majority owned by Gazprom, plans to invest over 72 million euro ($80 million) in…
NIS Petrol
Sector
Oil and Gas
Defining
NIS Petrol SRL is a Serbian oil&gas company, controlled by the russian group Gazprom Neft.
Pe scurt
Turnover: 0.24 mil. lei
Profit: -18.6705 mil. lei
Employees: 22
Key People
Vadim Smirnov - General Manager
Zeljko Kirin - E&P Deputy director
Description
NIS Petrol SRL is a major player in the Romanian market and plans to extend its gas stations to 120 units before the end of 2014. NIS started also geological explorations on five onshore exploration blocks in a highly productive region of western Romania. Three of five blocks have a significant logistical advantage because they are situated in the close vicinity of the Serbian border. The start of commercial production is planned for the period of 2014-2015.to 120 units before the end of 2014.
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