European Banks Are Turning Off the Money Tap for Gas Investments
7 Articles
7 Articles
International development banks have drastically cut back on financing fossil energy projects: the European Investment Bank has not been lending for new fossil fuel investments since 2019, and other institutions only support gas projects in exceptional cases. As bank resources dry up, Southeastern Europe remains heavily dependent on natural gas and is urgently looking for alternative supply routes ahead of the planned ban on Russian gas in 2027.…
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n1info.rsThe Ministry of Mines and Energy announced this evening that the gas infrastructure development project with the World Bank is important for the development of natural gas supply, as well as for the alignment with the European Union's rights.
The World Bank has approved 175 million euros for Serbia for the first phase of the Niš–Velika Plana gas pipeline and strengthening security of supply. The article World Bank has approved 175 million euros for Serbia for gas infrastructure appears first on Vesti Online.
A World Bank loan of 175 million euros has been approved for the construction of the first phase of gas infrastructure in Serbia, announced today the Minister of Mining and Energy in technical mandate Dubravka Đedović Handanović. She stated in a post on her Instagram account that the project includes the construction of the first section of the Niš-Velika Plan gas pipeline, the removal of existing bottlenecks and provides access to gas [...]
She pointed out that energy security and green transition go together, euronews Serbia, euronews Serbia, euronews Serbia, euronews Serbia, euronews, euronews
The Minister of Mining and Energy Dubravka Đedović Handanović announced that a World Bank loan of 175 million euros was approved for the construction of the first phase of the gas plant.
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