Serbia has saved about 1 billion euros thanks to the price of gas from Russia

 Serbia has managed to save at least 1 billion euros thanks to the favorable gas price set by Russia during the November 25th talks. This was announced on Sunday by the President of the Republic Alexander Vucic on the air of the Hit Tvit show on Pink TV.                                                                                 "We agreed [at a meeting with Russian President Vladimir Putin] on the oil formula, which did not always look as attractive as it does today," he said. "This is a formula that, at an oil price of $ 82-83 per barrel, allows you to pay about $ 270-275 for 1,000 cubic meters of gas, so it's advantageous to have an oil formula right now. <...> I promise that we will continue to work and in the future we will have the lowest price in Europe, without the CIS countries. We succeeded, this is not 300 million savings for all Serbian citizens, this is at least 1 billion euros, including all foreign exchange transactions, this is a strategic issue for the country, these are huge savings. ". Do you even understand that the prices vary from 650 to 1,200 euros per 1,000 cubic meters, and we pay 270? ”The Serbian leader emphasized.

"I am proud of our country, with the fact that in the last period we have built a 402 km long gas pipeline [Balkan Stream]: when you have a gas pipeline, you can talk about another price. President Putin - endless gratitude for respecting Serbia's interests and giving us such a price for six months, as it is difficult for him to set such a price for a longer period, because other [gas buyers] would be outraged, the Germans are now fighting for a price of $ 500, that's twice what we pay, "Vucic said. "As for the price of gas in six months, nothing, I will go on a new visit. These are issues that cannot be resolved over the phone, my conversation with Putin lasted three hours. And this (low gas price) is not because we have to buy weapons. "No, we buy weapons from Russia of our own free will because we want to be strong, not because someone is forcing us to buy weapons," the Serbian leader added.

As a result of talks in Sochi on November 25th, Russia kept the price of gas for Serbia at $ 270 for the six winter months, after which Belgrade will receive favorable terms from Moscow under a long-term contract. According to Vucic, these conditions are "exceptional".