Serbia's EPS Unit Signs Deal to Supply Power to NIS in 2014

Serbian oil and gas company NIS [BEL:NIIS] said on Friday it has signed a deal with EPS Snabdevanje, a unit of state-owned power utility EPS, for electricity supply in 2014.

The deal covers 350 million kilowatt-hours of electricity supply to over 1,045 NIS facilities, including its refineries, warehouses, fuel stations and office buildings, NIS said in a statement.

NIS (www.nis.rs) is one of the largest vertically integrated oil and gas companies in Southeast Europe. Its main activities include the exploration, production and processing of oil and gas, as well as the production and retail trade with a wide range of petroleum products.

Source: SeeNews