Serbia Asks Gazprom to Keep Low Gas Prices During Winter

Serbia is in talks with Gazprom to keep the gas price at a level 4 times lower than on the exchange: $270 per 1,000 cubic meters for the first six months of 2022.

“We are negotiating with the Russians that the price of $270 per 1,000 cubic meters, which is absolutely the lowest and at which we get gas until the new year, be extended for another 6 months,” Serbian President Aleksandar Vucic said on Saturday, TASS reported.

According to him, for Serbia, it is “terribly important not only because of the population but also because of production and industry.”

Deputy Prime Minister of the Russian Federation Yuri Borisov predicts the conclusion by the end of 2021 of a long-term agreement between Serbia and Gazprom for the supply of gas from Russia.

Serbia has upgraded its system and completed its gas pipeline to the Russian Turkish Stream pipeline, which runs across the Black Sea to Turkey.

Now, Belgrade can receive gas from the Russian Federation and become “a gas transit country, this is very good,” Borisov said at a meeting of the Russian-Serbian intergovernmental committee.

Earlier, Serbian President Aleksandar Vucic pointed out that he would turn to his Russian counterpart Putin and ask Moscow to help Belgrade to deal with the incumbent energy crisis in the region.