gas interconnector

Serbia’s LNG Access: Potential Impact of Croatia Interconnector on Gas Market Dynamics

The proposed gas interconnector between Croatia and Serbia aims to facilitate the flow of liquefied natural gas (LNG) from the Adriatic Sea into Serbia's gas transmission system. This initiative raises significant questions regarding its potential to alter Serbia's gas market structure, bargaining power, and future pricing dynamics. Currently, Serbia consumes approximately 2.7 to 3.0 billion cubic meters (bcm) of natural gas annually, primarily for district heating, electricity generation during peak periods, and energy-intensive industries. Domestic production contributes minimally to this…