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    Reuters: Srbijagas agrees 10-yr gas import deal with Gazprom

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Summary

Gazprom to deliver 5 bcm of gas per year to Serbia. Agreed quantity more than double Serbia annual needs. Srbijagas eyes new natgas plants, depots

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Press Notes

Reuters: Srbijagas agrees 10-yr gas import deal with Gazprom

Serbian gas monopoly Srbijagas has agreed to a 10-year deal to import natural gas from Russia's Gazprom at a discounted price, Srbijagas' general manager said on Wednesday.

Dusan Bajatovic would not say by how much the import price will go down for the Balkan country before completion of the talks with Gazprom and noted the deal needed parliamentary approval.

"Serbia will reduce its gas import costs, but the price of gas for end-consumers will depend on the price of gas and oil on the world market," he told reporters. HERE