Serbia signs 3 year LNG supply deal with Russia

In a statement Serbian President Aleksandar Vucic said, Belgrade will be signing a new three-year gas supply contract with Russia.

“I can not speak about the price now, all details will be agreed with Gazprom,” said Vucic while adding, that the price of the gas would be linked to the oil price; he did not elaborate any further.

Serbia’s 10-year gas supply contract with Gazprom expires on May 31, 202.

He also mentioned that he had discussed with Putin expansion of gas storage space in the Balkan country.

“Putin said to call him if I feel there is anything more to be discussed,” said Vucic.

Serbia, which aims to join the European Union, has come under pressure from Western countries to align its foreign policy with the EU and impose sanctions on Russia.

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