30 September 2025
30 September 2025
Surging demand of PET from packaging, and textile sectors will propel the capacity additions in the region.
NIS, in which Gazprom Neft holds a 44.9% stake, Gazprom 11.3% and the Serbian Government 29.9%, operates the Pancevo refinery.
The deal results in the acquisition of Bedrock Energy Partners' Barnett Shale assets.
The agreement covers the drilling and completion of wells in the onshore field over a period of three years.
The assets are linked to the Henry Hub via existing midstream infrastructure.
First production from the project, which is entirely owned and operated by bp, is anticipated in 2030.
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