Serbia will repay the debt to “Gazprom” ahead of time

Serbia will repay the debt to “Gazprom” ahead of time


Repaid will debts not only to “Gazprom”, but other debt to Russia, said Prime Minister of Serbia Alexander Vucic.

MOSCOW, 27 Jan. Serbia repayment of the debt to “Gazprom” in the past due period demonstrates not only the good situation in the Serbian budget, but also the desire to build relations with Russia on a responsible basis, said Prime Minister of Serbia Alexander Vucic.

“Serbia will repay the Russian Federation, first of all “Gazprom”, all their debts in time, shorter than anticipated, and clearly shows the improved financial situation in the Serbian budget and our desire to build relations with Russia on a clean and responsible manner,” said Vucic journalists following Russian-Serbian talks in Moscow. The debt he did not elaborate.

According to him, representatives of the Russian and Serbian delegation discussed almost all important global issues, and agreed on further development of economic relations between the two countries.

Earlier in these talks Serbia and the Russian Federation discussed the signing of the Serbian party with “Gazprom” agreement on the extension of gas storage “Banatski Dvor” up to 1 billion cubic meters.

In 2014 Gazprom supplied Serbia with 1.5 billion cubic meters of gas. In 2013, signed a long-term contract for Russian gas supplies to Serbia of up to 1.5 billion cubic meters of gas annually for 10 years.

An important role in ensuring the stability of supply in the European country is one of the largest gas storage in South-Eastern Europe — Serbian UGS “Banatski Dvor” (“Gazprom” — 51%, Srbijagas — 49%). Active storage capacity is 450 million cubic metre of gas, maximum deliverability — 5 million cubic meters per day.