The DSS is favoring a full implementation of the agreement between Serbia and Russia which will allow the construction of the South Stream pipeline and of the pipeline network on the entire territory of our country. We will finish the construction of the Banatski Dvor underground gas storage facility, build the new electricity power plant Kolubara B and the third bloc of “Nikola Tesla B”, and finally bring to the end the restructuring and privatization of RTB Bor. By building new energy capacities, Serbia will become one of the most desirable partners to the EU, the energy leader in this part of Europe, and an attractive destination for investors.
The main goal of the DSS in energy and mining is an orderly, rational and reliable supply of population and economy with electricity and other energy products at prices acceptible for the achieved level of standard of living and conditions ruling on the global market. A harmonious development of energy is an essential prerequisite for recovery and further development of our economy and society, especially in times of economic crisis.
The program is based on the priorities of the energy policy such as:
- A rational use of energy and energy efficiency
- Selective use of renewable energy sources and new energy-efficient and technologically sound technologies
- Investing in new energy sources and facilities
- Exploitation of mineral resources and geological research
Gas economy: We are committed to the urgent and full implementation of the Agreement between the Republic of Serbia and Russian Federation government on cooperation in the area of oil and gas that will allow the construction of a main gas pipeline through Serbia (Southern Stream) and further construction of a gas pipeline network on the entire territory of the Republic Serbia. The priority of our program is the completion of construction of underground gas storage in Banatski Dvor, with a capacity of 800 million cubic meters of natural gas and the building of new warehouses.
The active participation of Serbia is necessary in the planning and construction of a strategic regional and PanEuropean energy infrastructure to transport gas.
Oil industry: The DSS Program, in the oil industry field includes the technological modernization of refineries, the construction of a new transit route, finding new deposits and concessions and the introduction of measures to monitor and protect the environment.
We are committed to the rapid construction of the Pan-European oil pipeline that will allow for the transport of crude oil from the Black Sea port of Constanta in Romania, via Pancevo to Trieste.
Generation and transmission of electricity: It is necessary to efficiently conduct and complete projects which the DSS laid foundations for while running the energy industry of the Republic of Serbia. This primarily concerns the construction of new power plants: Kolubara B (capacity of 2 x 300MW), the third block of TPP Nikola Tesla B (700MW in power), the project “Upper Drina, etc.
It is necessary to reconstruct and expand thermal power plants Novi Sad, which would include the construction of a new unit in capacity of 400 megawatts. Options for the realization of investment into the power sector (joint venture, concessions, tender or bank loan, a BOT system), will depend on how opportunities on the electricity market unfold, and estimates regarding the provision of energy independence and interest of foreign investors and financial institutions to support such significant projects.
Our program provides significant and cost-effective investment in terms of water use and river resources. Accordingly, it is planned to start the construction of at least one hydro power plant on the Drina, enhancing existing ones, the reconstruction of Djerdap, as well as numerous other, smaller investments.
Mining and Geological Research: Given the importance and great potential of Serbia regarding the exploitation of non-ferrous metals, copper in particular, it is necessary to complete the restructuring and privatization of RTB Bor. After the experience with four unsuccessful tenders a new model should be applied, which would include finding a strategic partner for the development of certain mining facilities and reservoirs of this subsidiary (Cerovo Primary, Borska River, the Great Krivelj, Majdanpek, etc.) in which the state would retain a minority share (20-30%), with the strategic partner providing the necessary funds for investments, experience in management and new technologies. This would be a fast and optimal way to secure the necessary amount of copper concentrate for the new smelter.
New investments in the energy sector apart from generating jobs and the momentum that they will bring to the economy, create the necessary infrastructure requirements for the arrival of investments from other sectors of the economy.