1 Oil market in Serbia and Montenegro General Manager General Manager NIS NIS - Petroleum Petroleum Industry of Serbia ndustry of Serbia Dimitri Vu Vukcevic 10 10 th th - 11 11 th th April, April, 2003 2003 Hotel Emona Emona, , Portorož Portorož WPC - The Slovenian National Committee Workshop in Portorož 2 Objective 1 Integration of the national market with the EU market – harmonization of laws and regulations with the EU legislation – modernization of petroleum processing to meet EU standards
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Oil market in Serbia and Montenegro
General Manager General Manager NISNIS -- Petroleum Petroleum IIndustry of Serbiandustry of Serbia
l Crude oil refineries capacity is 6.5 mln tons annually
l Lube refineries capacity is 200,000 tons of finished products annually
l The output exceeds local demand
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CONSULTANTS
®Shell Global Solutions
Hollden Consultants R I C O B G
Major Major RafineryRafinery ProjectsProjects
§ABB Lumus§JGC
§AMEC
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Modernisation and integration of oil refineries
Refinery Integration Plan Refinery Integration Plan
•• OOil il RRefinefineerriesies of of PancevoPancevo && Novi SadNovi Sad
Major Major RafineryRafinery ProjectsProjects
GoalsGoals by 2007by 2007--20082008
•• European Standard 2005+European Standard 2005+
•• Major regional supplierMajor regional supplier
Total Total InvestmentInvestment .......................................... USD 3USD 30000 mlnmln
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Product Pipeline Pancevo – Novi Sad
•• Connecting two refineriesConnecting two refineries-- 90 km length / 10 90 km length / 10 ″″
diameter product pipeline,diameter product pipeline,alongalong with the supporting with the supporting facilities and installationsfacilities and installations
Major Major RafineryRafinery ProjectsProjects
Investment Investment –– USD 18 USD 18 mlnmln
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Product Pipeline Pancevo - Niš
•• Length 250 kmLength 250 km
•• NiNišš –– regional hubregional hub
Major Major RafineryRafinery ProjectsProjects
Investment Investment –– USD 80 USD 80 mlnmln
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Transport and Distribution of Natural Gas
l Capacities are over 6 billion m³ of gas annually
l Natural gas is supplied to app.1000 industrial consumers, and150,000 households
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Underground Gas Storage
•• Continuous and even gas Continuous and even gas
supplysupply
•• Several locations/optionsSeveral locations/options