Gazprom and Serbia point out strategic nature of relations

The parties noted the strategic nature of their partnership in the energy sector and named, in particular, the cooperation in the gas supply, underground gas storage, oil refining and electric power generating sectors.

Special focus was placed on ensuring reliable gas supplies to Serbia this winter. It was noted that productive interaction within the domestic UGS sector was a prerequisite for having a comfortable heating season in Serbia. Before this winter period, Gazprom fully loaded the Banatski Dvor UGS facility with the maximum working gas capacity of 450 million cubic meters. The gas storage guarantees reliable gas supplies from Russia not only to Serbia, but also to Hungary and Bosnia & Herzegovina.

In 2013 the long-term Contract was signed to annually supply up to 1.5 billion cubic meters of gas for a period of 10 years from Russia to Serbia. Gazprom delivered approximately two billion cubic meters of gas to Serbia in 2013.

The Banatski Dvor UGS facility – one of the largest gas storages in Southeastern Europe – was put onstream in 2011. Its working gas capacity makes up 450 million cubic meters and maximum daily deliverability – 5 million cubic meters.

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