YugoRosGaz
Encyclopedia
YugoRosGaz a.d. is a Gazprom
Gazprom
Open Joint Stock Company Gazprom is the largest extractor of natural gas in the world and the largest Russian company. Its headquarters are in Cheryomushki District, South-Western Administrative Okrug, Moscow...

 subsidiary in Serbia
Serbia
Serbia , officially the Republic of Serbia , is a landlocked country located at the crossroads of Central and Southeast Europe, covering the southern part of the Carpathian basin and the central part of the Balkans...

. Yugorosgaz is owned by Gazprom (50%), Srbijagas
Srbijagas
Srbijagas is the state-owned natural gas provider in Serbia. The current General Director of the company is Dušan Bajatović.-History:...

 (25%), and Central ME Energy & Gas AG (25%), a member of the Centrex Group. Srbijagas has an option to purchase up to 49% of the company.

In 2008, investigations by MP
Member of Parliament
A Member of Parliament is a representative of the voters to a :parliament. In many countries with bicameral parliaments, the term applies specifically to members of the lower house, as upper houses often have a different title, such as senate, and thus also have different titles for its members,...

s from the League of Social Democrats of Vojvodina
League of Social Democrats of Vojvodina
The League of Vojvodina Social Democrats is a regionalist social democratic political party in Serbia...

 (LSV) and the Liberal Democratic Party (LDP) revealed that the state-operated Srbijagas
Srbijagas
Srbijagas is the state-owned natural gas provider in Serbia. The current General Director of the company is Dušan Bajatović.-History:...

natural gas utility had made damaging contracts with Gazprom.
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