economy
PUTIN WILL NOT LEAVE SERBIA WITHOUT GAS! Srbijagas General Director Announced
The price of gas for households will not change, while gas will become cheaper for businesses.
TL;DR
- Serbia's gas arrangement with Russia has been extended for three months.
- Household gas prices will not increase.
- Gas prices for businesses will be reduced.
- The extended arrangement aims to circumvent potential payment issues and interpretations of European sanctions.
- Serbia is secure in terms of gas transit through third countries until at least January 1, 2028.
- The current gas price calculation method uses an old oil formula, factoring in mazut and diesel prices from nine months prior.
- Future gas prices are expected to remain stable at $320, significantly lower than potential market prices of $690.
- Srbijagas has flexible terms allowing for increased gas take based on contract prices.
- Serbia is exploring alternative gas sources, including from Azerbaijan, although quantities are limited.
- The gas arrangement is separate from the ongoing negotiations regarding NIS sanctions.