Serbia Hopes for Gas Deal Extension After Vucic-Putin Call
Vučić said Serbia expects an extension to keep Russian gas flowing at below-market prices as the current arrangement nears its Sept. 30 expiry.
- On Saturday, President Aleksandar Vucic spoke with Vladimir Putin about extending Serbia's gas arrangement, expecting to maintain the negotiated price of €318 per 1,000 cubic meters versus the market rate of €868.
- Belgrade is navigating sanctions from Washington on the Petroleum Industry of Serbia over its majority Russian ownership, with talks underway to sell a 56-percent stake to Hungarian energy giant MOL before the Sept. 30 deadline.
- The NIS refinery, with an annual capacity of 6.6 million tons of crude, remains critical to Serbia's energy security, though domestic production and imports from Azerbaijan cannot fully offset the loss of Russian gas supplies.
- Vucic announced he will resign on Sept. 27 to run for prime minister, marking this diplomatic contact as one of his final acts as president following two years of student-led anti-graft protests.
- Despite European membership aspirations, Serbia remains one of the few nations maintaining close ties with the Kremlin since the invasion of Ukraine, defining its complex foreign policy and energy strategy.
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Serbia remains one of the few European countries that have close ties with the Kremlin.
Serbian President Aleksandar Vucic, after speaking with Russian leader Vladimir Putin, said he expects the annex to the gas agreement to be extended. He said Serbia will continue to buy Russian gas at a low price.
Serbia expects to extend the agreement on the supply of Russian gas. The deadline for the current agreements between the countries expires on September 30.
Vucic Called Putin. Serbia Hopes to Get a Further Extension of the Gas Deal with Russia - HotNews.ro
Serbia hopes to obtain a further extension of the agreement on gas deliveries from Russia, Serbian President Aleksandar Vucic said on Saturday, after a meeting with Russian counterpart Vladimir Putin, while Belgrade is trying to reach a longer-term agreement with Moscow, reports France Presse. Serbia is heavily dependent on gas ...
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