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Bulgaria threatens to cut off Russian gas transit, posing risk to Serbia’s energy supply

Bulgaria has warned that it may halt the transport of Russian gas through its territory starting January 1 due to a dispute over payments routed through Gazprombank. Such a move would have severe consequences for Serbia, which is highly dependent on Russian gas. Serbia relies almost entirely on the import of Russian gas via the Turkish Stream pipeline, which crosses through Bulgaria. If Bulgaria proceeds with this decision, Serbia would lose its primary source of Russian gas. In addition to…