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Serbo Journal

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Regional oil summit begins in Serbia

BELGRADE, Serbia-Montenegro, May 5 (UPI) -- A two-day regional oil summit has begun in Vojvodina, Serbia, Belgrade's Radio B92 reported Thursday.

According to a Serbian Oil Industry (NIS) statement, companies from 21 countries are due to take part in the Scout Group for East and Central Europe meeting, including Shell, MOL (Hungary) and OMV (Austria). At the summit, participating companies will present some of their key projects.

The Scout Group for East and Central Europe was founded in 1993 to promote regional cooperation, information-sharing and business cooperation among group members. Oil companies from Albania, Armenia, Azerbaijan, Belarus, Bulgaria, Croatia, the Czech Republic, Greece, Hungary, Kazakhstan, Latvia, Lithuania, Moldova, Poland, Romania, Russia, the Slovak Republic, Slovenia, Turkey, Ukraine and Serbia-Montenegro make up its members.
Serbia hopes to cement its business relationships and strengthen its cooperation with those companies present during the summit.

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