Serbian President Aleksandar Vucic announced a three-year gas deal with Russia in an interview with Serbian TV channel Pink on Sunday, calling the deal “advantageous” for his country.
Vucic said Serbia will sign another three-year deal with Russian state energy provider Gazprom after the current 10-year gas deal expires on Monday.
This is hands down the cheapest price in all of Europe. What we agreed to, (Russian President Vladimir) Putin and I, is very advantageous for Serbia, and so we will sign another contract, the first part, which is a three-year contract," Vucic said.
On Sunday, Putin and Vucic discussed natural gas supplies to the Balkan country, according to RIA Novosti, the Russian state-owned news agency, which quoted the Kremlin as saying that Russia had agreed to “continue to supply uninterrupted natural gas to Serbia.”
Serbia is not a member of the European Union or NATO.
It is almost entirely dependent on Russian gas, while its army maintains ties with Russia's military.
Although the country backed two United Nations resolutions condemning Russia's invasion of Ukraine, it refused to impose sanctions against Moscow.