Srbijagas (full legal name: ''
J.P. Srbijagas'') is the state-owned
natural gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...
provider in
Serbia
Serbia (, ; Serbian: , , ), officially the Republic of Serbia (Serbian: , , ), is a landlocked country in Southeastern and Central Europe, situated at the crossroads of the Pannonian Basin and the Balkans. It shares land borders with Hungar ...
with headquarters in
Novi Sad
Novi Sad ( sr-Cyrl, Нови Сад, ; hu, Újvidék, ; german: Neusatz; see below for other names) is the second largest city in Serbia and the capital of the autonomous province of Vojvodina. It is located in the southern portion of the Pan ...
.
History
Srbijagas was established on 1 October 2005 as a result of restructuring the integrated petroleum company
NIS
Nis, Niš, NiS or NIS may refer to:
Places
* Niš, a city in Serbia
* Nis, Iran, a village
* Ness, Lewis ( gd, Nis, links=no), a village in the Outer Hebrides islands
Businesses and organizations
* Naftna Industrija Srbije, Petroleum Industry o ...
. The company was created on the basis of NIS divisions NIS-Gas and NIS-Energogas.
In 2013, the government of Serbia decided to split Srbijagas into two separate companies because of its mounting debt and unsustainable business practices. Since 2013, the transportation and storage units have been operated by Transgas AD, while trade and distribution have continued to be operated by the Srbijagas AD.
Subsidiaries
* Bijeljina, Bosnia and Herzegovina
* , Bosnia and Herzegovina
* , Montenegro
* South Stream Serbia AG, Switzerland
* Gas d.o.o. Bečej
* HIP-Azotara d.o.o. Pančevo
* Kikinda
* Loznica-gas d.o.o. Loznica
* Transportgas Srbija d.o.o. Novi Sad
* Distribucijagas Srbija d.o.o. Novi Sad
* Belgrade
* Podzemno skladište gasa d.o.o. Banatski dvor
* Sogaz a.d. Novi Sad
* Informatika a.d. Belgrade
*
Yugorosgaz
YugoRosGaz a.d. is a Serbian natural gas distributor and transportation company, a subsidiary of Russian Gazprom. It is headquartered in Belgrade, Serbia
Serbia (, ; Serbian: , , ), officially the Republic of Serbia (Serbian: , , ), i ...
a.d. Belgrade
* Specijalana luka d.o.o. Pančevo
* Toza Marković a.d. Kikinda
* Prirodni gas d.o.o. Pančevo
*
HIP-Petrohemija
HIP–Petrohemija ( sr, ХИП-Петрохемија) is a Serbian petrochemical company, with the headquarters in Pančevo, Serbia.
The company owns petrochemical complexes located in Pančevo, Elemir and Crepaja. It specializes in producing HD ...
a.d. Pančevo
Financial data
At the end of 2011, the company's
total equity was US$443.38 million and after one year it dropped to only US$15.86 million, making the company for the first time unprofitable, mainly because of differences in cost and selling price.
In April 2013,
Minister of Energy, Development and Environmental Protection,
Zorana Mihajlović
Zorana Mihajlović ( sr-cyr, Зорана Михајловић, ; born 5 May 1970) is a Serbian politician who served as deputy prime minister of serbia from 2014 to 2022 and as minister of mining and energy from 2012 to 2014, and again from 20 ...
stated that Srbijagas has debt of more than
€
The euro sign () is the currency sign used for the euro, the official currency of the eurozone and unilaterally adopted by Kosovo and Montenegro. The design was presented to the public by the European Commission on 12 December 1996. It consists ...
1 billion.
In June 2014, it was once again named the most unprofitable state-owned company, making annual net loss of €443.14 million for the calendar year of 2013.
For the calendar year of 2014, Srbijagas finished with the yet another annual net loss of €372.33 million.
For the calendar year of 2015, Srbijagas managed to severely cut total net loss from the past year to just €2.98 million.
After several years of posting annual net losses, Srbijagas finished 2016 calendar year with the annual net profit of €13.78 million.
See also
*
Serbian Stream
References
External links
*
Companies based in Novi Sad
Government-owned companies of Serbia
Natural gas pipeline companies
Oil and gas companies of Serbia
Serbian companies established in 2005
Energy companies established in 2005
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