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Home ATTUALITA

Vucic talks to Putin: Serbia will buy Russian gas ‘for free’, compared to others

by imkadmin
Maj 29, 2022
in ATTUALITA
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Vucic talks to Putin: Serbia will buy Russian gas ‘for free’, compared to others
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After a telephone conversation with Russian President Vladimir Putin, Aleksandar Vucic announced that he had reached an agreement for Serbia to have a very favorable price for Russian gas supplies.

“We will sign a three-year contract tomorrow or the day after tomorrow. “Serbia needs large amounts of gas, but I can say that we will have a safe winter.” said Vuçiç.

He stressed that Serbia will continue to buy Russian gas and the price will be based on the existing formula, which depends on the movements of oil prices in the world market, which means that “we will have the most favorable price of gas in Europe ”.

After a telephone conversation with Russian President Vladimir Putin, Aleksandar Vucic announced that he had reached an agreement for Serbia to have a very favorable price for Russian gas supplies.

Vucic said the price is expected to be $ 340 to $ 350 per 1,000 cubic meters of gas, but “this is not the final price because it will depend on the quantity that is sent,” he said.

Gazprom’s price for us in the winter said Vuçidodo should remain based on an oil formula, resulting in tariffs of up to 10 times lower for Serbia compared to most other buyers in Europe. Only Belarus and Armenia are likely to enjoy better conditions for Russian gas, he said.

Vucic stressed that they have agreed on a price for the supply of 2.2 billion cubic meters of gas per year, and added that Serbia needs another 800 million cubic meters due to the development of the industry.The current agreement on the supply of Russian gas expires on May 31st.

Serbia is mainly dependent on Russia in the energy sector and in the gas and oil market in Serbia, a monopoly has been created by the Russian company, Gazprom.

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