By Ayya Lmahamad
Serbia is building a gas pipeline connection with Bulgaria on
the Nis-Dimitrovgrad line to import natural gas from Azerbaijan and
LNG from Greece, as part of the diversification of supplies,
Serbian President Aleksandar Vucic said, Azernews reports.
He noted that Serbia spends €200 million a month on gas supplies
and up to €100 million on the purchase of electricity without the
cost of its production.
Earlier, Serbian Mining and Energy Minister Zorana Mihajlovic
said that her country intends to buy up to 40 percent of the
necessary gas from Azerbaijan in 2023.
In June this year, Azerbaijan and Serbia signed an agreement on
cooperation in the energy and mining sectors. The agreement aims to
rationally use the potential of both countries' energy and natural
resources and provides for cooperation in the energy sector,
especially natural gas and renewable energy sources, as well as the
promotion of mutual investments in mineral exploration, regulation,
energy efficiency, and establishment of joint ventures. The
document also reflects the continuation of cooperation to support
the implementation of the Southern Gas Corridor. In this regard, it
should be noted that the Serbia-Bulgaria (Nis-Dimitrovgrad) gas
pipeline, will allow Serbia's integration into the Southern Gas
Azerbaijan and Serbia collaborate in a variety of economic
sectors. The Azerbaijan-Serbia Declaration on Strategic
Partnership, signed in 2013, and the Joint Action Plan on Strategic
Partnership, signed in 2018, laid the groundwork for the
development of relations.
The trade turnover between Azerbaijan and Serbia amounted to
$9.2 million in 2021.
Ayya Lmahamad is AzerNews' staff journalist, follow her on
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Tags: azerbaijan gas serbia bulgaria pipeline export aleksandar vucic
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