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European Union affairs portal Euractiv Speaking at the conference 'Energy Arena 2013', held in Belgrade, the director of the Serbian Oil Industry (NIS), Kirill Kravchenko, said that up to €60 billion in investments was needed in the Balkan region's energy sector up to 2030. Kravchenko, a Russian, said that if the Balkan region was compared with central Europe, energy efficiency and economic capacities would have to double in the next ten years. Original article was published here: