Vucic announced attempts to oust Russia from the European gas market

According to the Serbian President, the Europeans are not launching Nord Stream 2 due to US pressure, while Europe does not have enough gas. He added that thanks to the price set by Moscow, Belgrade saved about € 1 billion

Alexander Vucic and Vladimir Putin

Russia is facing problems in the natural gas market in Europe, Serbian President Alexander Vucic told Pink TV.

“ Russians have a problem they don't talk about. Namely & mdash; they are trying to squeeze them out politically so that they do not have gas in Europe '', & mdash; said the head of state.

According to Vucic, Europe lacks 70 billion cubic meters. blue fuel, with 55 billion cubic meters. m is provided for the passage through the Nord Stream-2 gas pipeline. The pipeline, he said, “ won't start due to American pressure. ''

The head of Serbia added that she saved about € 1 billion due to the gas price set at a meeting with Russian President Vladimir Putin in Sochi on November 25.

The contract for the supply of gas from Russia to Serbia has been in effect since 2012 and expires at the end of 2021. Since 2017, the volume of supplies has increased from 1.5 billion to 2 billion cubic meters. m per year. Serbia is now buying Russian gas at $ 270 per 1,000 cubic meters. m. At a meeting in Sochi, the presidents agreed to extend the gas contract for six months on the same terms. The indicated price is considered one of the lowest. More favorable conditions, in particular, from Belarus, which buys gas at $ 127 per 1,000 cubic meters. m.

At the end of the meeting, Vucic said that he considers the price of $ 270 per 1,000 cubic meters. m “ incredible ''; Serbian Foreign Minister Nikola Selakovic called the agreement on gas supplies, which Moscow and Belgrade concluded, historic.

Gas prices in Europe began to rise in April, and in early October reached a record $ 1,969,000 . for 1 thousand cubic meters. m. Then a decline followed. On November 16, the market value of gas in Europe exceeded $ 1,000.

Nord Stream 2 completed in September. It was supposed to be ready at the end of 2019, but the work was prevented by US sanctions. Because of this, some of the foreign partners left the project. As stated in Gazprom, the pipeline is ready for launch. Now the operator of Nord Stream 2 AG must obtain the approval of the German and then the European regulator.

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