Serbia’s Vucic says agreed 3-year gas supply contract with Putin

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BELGRADE (Reuters) – Serbian President Aleksandar Vucic stated on Sunday he had agreed a brand new three-year gas supply contract in a cellphone name with Russian President Vladimir Putin.

“I can’t converse in regards to the worth now, all particulars shall be agreed with Gazprom,” Vucic informed reporters. Vucic stated that Serbia he had agreed with Putin that the value of gas could be linked to the oil worth, however didn’t elaborate.

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

Vucic additionally stated that he had mentioned with Putin enlargement of gas cupboard space within the Balkan nation.

“Putin stated to name him if I really feel there may be something extra to be mentioned,” stated Vucic, Putin’s closest ally in Europe.

Serbia, which goals to hitch the European Union, has come beneath stress just lately from Western international locations to align its international coverage with the bloc and impose sanctions on Russia.

In 2008 the Balkan nation put its gas and oil sectors within the arms of Russian firms. Gazprom Neft and Gazprom collectively maintain a majority stake within the nation’s sole oil firm whereas Gazprom is majority shareholder within the nation’s sole gas storage facility.

(Reporting by Ivana Sekularac; Editing by Emelia Sithole-Matarise)



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