Russia Open to Higher Gas Flows to Serbia

Russia is open to talks with Serbia if it needs more gas during the winter, Russian Ambassador to Serbia Alexander Botsan-Kharchenko said.

• "The original price, which refers to the previous base quantities, remains the lowest that can now be determined in Europe. That’s a very important point, and my message is that whenever we talk about energy and gas, we don’t forget that we have a basic contract with a very low and favorable price," he said.
• Serbia buys gas from Russia for $420 per 1,000 cubic meters while the market price is 1,300-1,400 dollars.
• By signing long term contracts to receive Russian gas, Serbia risks denting its opportunities to join the EU in the future.