Concession obtained in Republic of Srpska
“Jadran-Naftagas”, joint venture of NIS a.d. and “NeftegazInKor” in Republic of Srpska obtained the right for exploration and exploitation of hydrocarbons in this area.
Decision on granting concession for exploration and exploitation of hydrocarbons (crude oil and gas) in the whole territory of Republic of Srpska was voted for in the session of Government of Republic of Srpska in Banja Luka on June 16, 2011. ThisDecision actually marks the beginning of the process of oil and gas exploration carried out by NIS daughter company in Republic of Srpska, that will hopefully result in finding commercial hydrocarbon deposits in this area. For more information, please visit our website: http://www.nis.rs