gas prices drop

Srbijagas director announces 15% reduction in industrial gas prices from May

Srbijagas Director, Dušan Bajatović, revealed to RTS that industrial gas prices will drop by 15% starting May. In discussions within the Serbian Government, particularly in the Ministry of Finance and the Ministry of Energy, the decision was reached to discontinue gas subsidies by the Government and Srbijagas' credit borrowings. Bajatović emphasized that this move comes after years of implementing a costly social policy, which exceeded a billion dollars, aimed at safeguarding consumers, industries, and jobs. Bajatović noted that the absence…