Naftna industrija Srbije ad - Company Profile
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Business Description
Naftna industrija Srbije ad (NIS), a subsidiary of Gazprom, is an integrated energy company, that carries out upstream and downstream operations. It conducts power generation and has considerable renewable energy operations. The company also implements petrochemical and energy projects. Its major projects include Bottom of the Barrel, CHHP Pancevo, and Plandiste wind farm.
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Business Segments
Overview
Downstream assets include refineries, oil, gas and fuel storage facilities, retail network and power production facilities. Major refinery, Pancevo with designed capacity of 4.8 million tons per year. Key products include aviation fuel, lubricants, fuel oils, bitumen, and others. Sales and Distribution covers domestic and foreign trading, and wholesale and retail of petroleum and non-fuel products. Operates retail network in Serbia, Bosnia and Herzegovina, Bulgaria and Romania under two brands: NIS Petrol and Gazprom. Produces electricity and thermal energy from conventional and renewable sources, and markets gas and electricity. Carries out strategic energy projects, and develops and implements projects that aim to improve energy efficiency.
Performance
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Overview
Activities include natural gas and oil and gas exploration and production and oil field services. Operates an Elemir-based plant for processing of natural gas, producing LPG and natural gasoline and CO2 capture. Principal services include geophysical testing, well construction, equipment and repair of wells, and implementing special operations and measurement on wells. Also provides passenger transportation and vehicle rental services.
Performance
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Geographical Segments
Performance
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Performance
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