Russia, Serbia agree natural gas storage deal
Russian energy giant Gazprom and Serbia's state gas company have initialed an agreement to set up a joint venture to develop a Serbian underground gas depot, Srbijagas said on Thursday. The agreement on Banatski Dvor is part of a bilateral governmental deal on cooperation in the oil and gas sector sealed between the two countries in 2008. "Srbijagas General Director Dusan Bajatovic said the agreement will be signed during a visit by Russian President Dmitry Medvedev to Belgrade on October 20," the company's press service said on Wednesday.
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