19 November 2008 12:44 [Source: ICIS news]
PRAGUE (ICIS news)--A decision on whether Russia's Sibur will move to buy Serbian petrochemical producer HIP Petrohemija could be announced on 24-25 November, Belgrade's Economy Ministry said on Wednesday.
Sources at OMV said that Austrian oil, gas and petrochemical group along with its regional peers might pursue their own interest in HIP Petrohemija should the Gazprom subsidiary Sibur back away from an acquisition.
Gazprom representatives, led by Dmitry Malyshev, an adviser to the chairman of the managing board of Gazprom oil subsidiary Gazpromneft, have been in talks with Serbian government officials in ?xml:namespace>
Under an intergovernmental oil and gas agreement signed with
The Russian companies would be given favourable acquisition prices in return for Russian commitments to extend the envisaged South Stream natural gas pipeline through
However, local media continued to report that the Serbian negotiators also want further substantial Russian investment commitments for
Nikola Papak, spokesman for the Serbian minister of the economy, would not comment on these reports, but said that “everything connected with energy in
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