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
Putin approvesexperts for talks with Ukraine: Kremlin
Russian Deputy FM Galuzin, Head of General Staff Kostyukov, Deputy Defense Minister Fomin will participate in Istanbul talks: Kremlin
Russian presidential aide Medinsky will lead Russia delegatioon at Ukraine talks: Kremlin
Putin approves composition of Russian delegation for negotiations with Ukraine: Kremlin
Abu Obeida posts on X, commenting on the West Bank operation amid Israeli rumors that he was assassinated
Israeli media: An Israeli settler was killed and two others were injured in the shooting near Salfit
Israeli emergency service: The shooting near Salfit resulted in two injuries, one in extremely critical condition and the other in serious condition
Palestinian sources: Two Israelis were injured in a shooting operation near Nablus in the northern West Bank
Ukrainian President Volodymyr Zelensky: I am waiting to see who will arrive from Russia. Then I will decide what steps Ukraine should take
Ukrainian President Volodymyr Zelensky: Ukraine ready for any format of negotiations to end war with Russia

Belgrade secures “extremely favourable” gas deal with Moscow

  • By Al Mayadeen English
  • Source: Agencies
  • 30 May 2022 12:13
2 Min Read

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

  • x
  • 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

Iran is preparing for Russian President Putin's visit to Tehran

Slovak PM derides EU attempts to keep him from Victory Day 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

Trump cut off contact with Netanyahu, senior Israeli official says

Trump cut off contact with Netanyahu: Israeli media

  • US & Canada
  • 9 May 2025
Saree

Yemeni Armed Forces target key Israeli sites, USS Truman

  • MENA
  • 7 May 2025
A boy draped in a Palestinian flag carries a mock rocket during a weekly anti-US and anti-Israeli rally in Sanaa, Yemen, Friday, May 9, 2025 (AP)

Yemen announces hypersonic missile strike on Ben Gurion Airport

  • Politics
  • 9 May 2025
President Donald Trump, left, greets Israeli Prime Minister Benjamin Netanyahu at the White House, Monday, April 7, 2025, in Washington (AP)

US pressures 'Israel' for Gaza deal; Witkoff's Israeli rebuke leaked

  • US & Canada
  • 9 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Labour Party leader Keir Starmer with his wife Victoria make their way through supporters as they arrive at the count for the Holborn and St Pancras Parliamentary constituency where the Starmer is standing for election, in London, Friday, July 5, 2024 (AP)
Politics

UK Labour MPs urge government to recognize Palestine

Israeli exodus: 60,000 Israelis fled last year without return
Politics

Israeli exodus: 60,000 settlers fled last year on one-way tickets

Hollywood actors condemn Gaza violence days before Cannes Festival
Arts and Culture

350+ Hollywood actors condemn Gaza genocide ahead of Cannes Festival

Likud minister calls Trump as ‘unpredictable,’ unreliable
Palestine

Likud minister rebukes Trump, calls him 'unpredictable', unreliable

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