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August 7, 2022
BUSINESS

Serbia, potential beneficiary of Black Sea natural gas

Serbia is discussing with Romania the possibility of importing natural gas from the Black Sea region and is open to talks on obtaining natural gas from Russia through alternative routes, Serbian Premier Aleksandar Vucic stated on Thursday at the World Economy Forum in Davos, Tanjug informs.

“We have just finished talks with Premier Victor Ponta about natural gas imports from the Romanian section of the Black Sea,” Vucic said in Davos.

According to Reuters, Serbia receives approximately 90 per cent of its imports of Russian natural gas through Ukraine, but is currently looking for alternative routes following Moscow’s decision to abandon the South Stream project.

Authorities in the two states have discussed several collaboration opportunities, including the construction of a new hydro-power plant on the Danube, of a pumping station, the interlinking of electricity grids and the building of a Constanta – Pancevo natural gas and oil pipeline. Nevertheless, no joint investment has been announced yet in any of these domains.

 

 

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