russian gas

Serbia Seeks EU Gas Procurement Route as Russian Supply Dependence Creates Price Risk

Serbia has applied to participate in the European Union’s joint gas-purchasing mechanism, adding a potential procurement channel as the country remains heavily reliant on Russian pipeline gas. Energy programme manager at the EU Delegation to Serbia, said Serbia had submitted its application to the European mechanism, which aggregates demand from buyers and matches it with offers from international suppliers. No information has been disclosed on potential Serbian purchase volumes, suppliers or contract terms. Participation would add a commercial dimension to…