Serbia

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Production (current): 
0 barrels per day
Production (projected): 
30,000 barrels per day
Deposits (in place): 
30.00 billion barrels
Deposits (recoverable): 
0.20 billion barrels

The plot:

Serbia has known of over 20 deposits of oil shale throughout the country for a long time. In recent times various Estonian corporations have begun particular exploration of the largest deposit near Aleksinac in the southeast of the country. The plans are for open-cast and ultimately in the ground mining of the shale resource near Aleksinac.

The geological form of oil shale prohibits current technology to burn directly for power but in fact may produce kerogen-based synthetic oil. This form of development would be among the most water and energy intensive, greatly increasing health concerns for the population of the industrial town of Aleksinac and the over-all concerns of the environment and water situation for Serbia as a whole. Underground aquifers and the surrounding areas to any large plant for shale-to-oil conversion and pyrolosis in particular could be heavily damaged with toxic run off and waste.

The details:

There are over 20 deposits in Serbia, only one at Aleksinac is thought to have commercial potential. With 4.7 tonnes of oil shale in the country, only some ten percent of Aleksinac's deposit is estimated recoverable. It is estimated that Aleksinac is situated over 2 billion tonnes with 4.7 billion tonnes estimated in the over-all territory of the country.

200 mn bbl is estimated to be recoverable at the Aleksinac location.

Estimates of 30 000 bpd have been floated; two Estonian corporations have looked into development of kerogen shale for synthetic oil. Eesti Energia (also known as Enefit) currently interested in possible mining, previously Viru Keemia Grupp of Estonia has indicated interest as well. According to tests run by VKG, Serbian oil shale would not produce electricity in a similar-to-coal fashion. Instead, conversion to oil from kerogen infused rock is proposed.

Since the dismembering of Yugoslavia throughout the 1990's, the economy has been through freefall in Serbia, with over 50% unemployment among youth that previously would have worked in an industrial capacity. This economic desperation combined with a region of the country previously reliant on coal mining has made for oil shale development proposals to have any possible environmentally destructive consequences overlooked by the majority of the population. 

Proposals for oil shale developments by Estonian corporations further enforce the notion of Estonian technological advances in shale mining and refining techniques becoming a global phenomenon that may crate an entirely new and vastly destructive form of synthetic oil production the world over.

 

 

 

Articles about Serbia

Feb 18, 2013
Eesti Energia May Take Slice of Serbian Oil Shale Jan 23, 2012 Eesti Energia may be seeking to invest in Serbia's oil shale resources, according to the country's Environment Ministry....
Feb 19, 2013
BALKANS: The Dark Side of Serbia’s Oil Shale Fairy Tale By Vesna Peric Zimonjic   BELGRADE, Jan 19 2012 (IPS) - According to an old Serbian fairy tale, God tells a poor man who enters a...
Apr 21, 2013
Investors interested in exploiting oil shale near Aleksinac (Serbia) April 17, 2013 NIS – Ministry of Energy, Development and Environmental Protection Zorana Mihajlovic stated Wednesday that...
May 7, 2013
Just the Beginning of Canada’s Filthy Tar Sands A Qualitative Jump Down a Black Hole May 07, 2013 Counterpunch by MACDONALD STAINSBY The breakneck pace of tar sands development in Canada is...
Sep 6, 2013
Serbian President discusses construction of a thermal power plant of 700 megawatts with Serbian Oil Industry Balkans.com Business News Correspondent - September 5, 2013 Serbian President Tomislav...
Sep 23, 2013
Chevron is interested in the exploitation of oil shale near Aleksinac Serbia- PM Balkans.com Business News Correspondent - 18.09.2013 Serbia's Prime Minister Ivica Dacic said at the US-Serbian...