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Tikuni Gh

2 years ago

SERBIA SECURES ENERGY DEAL WITH RUSSIA

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2 years ago



Belgrade will get an ideal cost for petroleum gas, as indicated by President Vucic

 

Serbian President Aleksandar Vucic said on Wednesday he has concurred an ideal cost for Russian petroleum gas imports under the provisions of another energy bargain.

 

"We concurred with Russian accomplices on the volumes at the least, exceptionally low cost - from $360 to $410 per 1,000 cubic meters for 64% to 65% of how much gas required by Serbia," TASS cited him as saying.

 

"I accept we will begin siphoning the primary volumes of gas toward the beginning of June in Hungary," he added. "Presently we have 205 million cubic meters in our piece of the UGS Banatski Dvor. We siphon all that we would be able and purchase today, and not when the gas will cost $5,000."

 

The Serbian chief called the ongoing circumstance with energy supplies "awful," noticing that the nation is "setting up an extra €1 billion ($1.05 billion) to fill the holes."

 

Last month, Serbia got another three-year contract for gas imports with Moscow. Belgrade's past 10-year gas supply contract with Russia's Gazprom terminated on May 31.

 

Vucic prior said his nation had brought about huge misfortunes because of EU sanctions on Russia, especially on oil. He added that the limitations would cost Belgrade $600 million per year.

 

In spite of the fact that Serbia isn't essential for the European Union, the country's energy supplies travel through EU nations. Accordingly, any potential approvals forced by Brussels on Russian energy supplies influence Serbia.

 

Serbia counts losses from EU’s Russian oil ban

Belgrade will get an ideal cost for petroleum gas, as indicated by President Vucic

 

Serbian President Aleksandar Vucic said on Wednesday he has concurred an ideal cost for Russian petroleum gas imports under the provisions of another energy bargain.

 

"We concurred with Russian accomplices on the volumes at the least, exceptionally low cost - from $360 to $410 per 1,000 cubic meters for 64% to 65% of how much gas required by Serbia," TASS cited him as saying.

 

"I accept we will begin siphoning the primary volumes of gas toward the beginning of June in Hungary," he added. "Presently we have 205 million cubic meters in our piece of the UGS Banatski Dvor. We siphon all that we would be able and purchase today, and not when the gas will cost $5,000."

 

The Serbian chief called the ongoing circumstance with energy supplies "awful," noticing that the nation is "setting up an extra €1 billion ($1.05 billion) to fill the holes."

 

Last month, Serbia got another three-year contract for gas imports with Moscow. Belgrade's past 10-year gas supply contract with Russia's Gazprom terminated on May 31.

 

Vucic prior said his nation had brought about huge misfortunes because of EU sanctions on Russia, especially on oil. He added that the limitations would cost Belgrade $600 million per year.

 

In spite of the fact that Serbia isn't essential for the European Union, the country's energy supplies travel through EU nations. Accordingly, any potential approvals forced by Brussels on Russian energy supplies influence Serbia.

 

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