Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Algerian Foreign Ministry: The Algerian President directs Foreign Minister Ahmed Attaf to head to Niamey as soon as possible
Algerian Foreign Ministry: Niger’s acceptance of the Algerian initiative strengthens the option of a political solution to end the crisis
Algerian Foreign Ministry: Algeria received official approval from Niger concerning the Algerian mediation initiative to resolve the crisis
Armenia says Azerbaijani forces open fire in border region
Al Mayadeen's correspondent: Israeli Supreme Court decides to return the case of prisoner Kayed al-Fafsous to the Military Court of Appeals
Egyptian media, citing medical sources: Ambulances transported about 100 injuries to hospitals as a result of the Ismailia Security Directorate fire
Egyptian media: The number of people injured in the Ismailia Security Directorate fire has risen to 21 people, some of whom are in critical condition.
Turkey carried out air strikes in northern Iraq and destroyed 20 PKK targets: Turkish MoD
Al Mayadeen's correspondent: Turkish warplanes carry out an air strike that targeted the Matin area in Dohuk, northern Iraq
Israeli media: The settlers wrote the word “revenge” in the site and uprooted dozens of olive trees

Belgrade secures “extremely favourable” gas deal with Moscow

  • By Al Mayadeen English
  • Source: Agencies
  • 30 May 2022 12:13
  • x

The Serbian President confirms that his country agreed to sign a three-year gas deal with Russia that suits the Serbian side very well.

  • Serbian President Aleksandar Vucic with Russian President Vladimir Putin (Archive)
    Serbian President Aleksandar Vucic with Russian President Vladimir Putin (Archive)

Serbian President Aleksandar Vucic announced on Sunday that Belgrade has secured an “extremely favorable” three-year natural gas supply deal with Moscow amid soaring energy prices across the globe

“What I can tell you is that we have agreed on the main elements that are very favorable for Serbia,” Vucic confirmed after securing the deal over a phone conversation with Russian President Vladimir Putin.

The Serbian president said: “We agreed to sign a three-year contract, which is the first element of the contract that suits the Serbian side very well."

"Best terms in Europe"

According to Vucic, the exact terms of the deal - which will ensure Serbia has "a safe winter when it comes to gas supply" - will be announced in the coming days.

Related News

Parties to Afghanistan talks in Russia admit lack of progress

Libya's Haftar meets with Putin, Shoigu in Moscow

He insisted the contract would give the Balkan country "by far the best terms in Europe."

"At the moment, this is almost a third of what everyone else in Europe will pay, and in winter it will represent than one tenth" of what other countries pay, he pointed out.

Expansion of gas storage facilities in Serbia

It is noteworthy that Serbia is currently almost wholly reliant on Russian energy supplies and imports about six million cubic meters of gas daily from Russian giant Gazprom. 

Moscow also owns a majority stake in Serbia's oil and gas company, NIS.

The deal comes at a time when the European Union is trying to reduce its dependence on Russia for energy following the war in Ukraine, and is scheduled to discuss a possible embargo on Russian oil at an emergency summit on Monday. 

Vucic also said that he had discussed with Putin the possible expansion of gas storage facilities in Serbia. 

While Belgrade has condemned the Russian special military in Ukraine at the United Nations, it has refused to take part in anti-Russian sanctions.

  • Moscow
  • Madrid
  • Europe
  • Russia
  • Serbia
  • United Nations
  • EU
  • Aleksandar Vucic
  • belgrade
  • Gazprom
  • Ukraine
  • Vladimir Putin
  • European Union
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

BBC from the front lines in Ukraine: It's bad, counteroffensive failed

BBC from the front lines in Ukraine: It's bad, counteroffensive failed

  • Europe
  • 28 Sep 2023
Who Would Ally with the West: ‘It’s Boring – The Real Excitement is in Asia’

Who Would Ally with the West: ‘It’s Boring – The Real Excitement is in Asia’

  • Analysis
  • 30 Sep 2023
US President Joe Biden and Ukrainian President Volodymyr Zelensky

'Not 1 more cent': Americans are done with funding Ukraine's paychecks

  • Europe
  • 30 Sep 2023
Austrian Chancellor Karl Nehammer tells low-income families to buy their children McDonald's burgers.

Austria Chancellor's solution to poor families: McDonald's burgers

  • Europe
  • 29 Sep 2023

Coverage

All
Morocco & Libya Disasters

Read Next

All
Egypt's Ismailia police HQs engulfed with fire (Social media)
MENA

Massive fire engulfs Egypt's Ismailia police HQs, injures dozens

trump
US & Canada

Donald Trump's civil fraud trial opens; business empire at risk

Visitors look at projected paintings and drawings at the Van Gogh exhibit during a preview of the digital exhibition titled "Infinity des Lumieres" in Dubai, in the United Arab Emirates, on June 28 , 2021. (AFP)
Europe

AI, VR unite to depict Van Gogh's 'mental struggle' in final works

A child being treated in a makeshift ICU bed in California in 2023 (AFP via Getty Images)
US & Canada

Children are dying in US hospitals plagued with ill-prepared ERs: WSJ

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS