International Information Centre for Balkan Studies

Srbijagas CEO says no price hikes this year

September 8, 2022
The CEO of Serbia’s national gas supply company said that prices would not rise this year and added that there would be enough gas for the winter.
Srbijagas CEO Dusan Bajatovic said that sufficient quantities of heating oil have been secured as well with some heating plants planning to use pelet as fuel.
Bajatovic said that the limited prices of Russian gas won’t affect consumers in Serbia to the end of the heating season. According to him, Serbia has 280 million cubic meters of natural gas in the Banatski Dvor storage facility in the country and another 360 million cubic meters in storage in Hungary with more Russian gas on the way.
The Srbijagas CEO said that Serbia is paying 368 Dollars a cubic meter of gas under its contract with Russia and will pay 420 Dollars a cubic meter in the last quarter of the year, 430 Dollars in the first quarter of 2023 and 388 Dollars in the next quarter. Srbijagas is selling gas to companies for 353 Dollars, he said adding that price for households is a little lower.
Source:  https://rs.n1info.com/english/news/srbijagas-ceo-says-no-price-hikes-this-year/

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