The parties discussed bilateral cooperation in the gas sector, focusing, among other things, on the Banatski Dvor UGS facility, one of the largest such facilities in southeastern Europe. Gazprom continues to actively prepare the facility for the upcoming autumn/winter period. Gas injection operations are going according to schedule.
Slavenko Terziс
In addition, Alexey Miller and Slavenko Terziс addressed the prospects for cooperation in such fields as oil refining, power generation, use of gas as a vehicle fuel, and small-scale LNG supplies.
Background
In 2013, a long-term contract was inked for Russian gas supplies to Serbia for the period of 10 years. In 2015, Gazprom delivered 1.7 billion cubic meters of gas to Serbia, which was 23.6 per cent higher than in 2014. As of September 12, 2016, Russian gas supplies to Serbia have grown by 6.3 per cent against 2015.
Serbia’s Banatski Dvor UGS facility (Gazprom – 51 per cent, Srbijagas – 49 per cent) plays an important role in providing reliable gas supplies throughout southeastern Europe. With a working gas capacity of 450 million cubic meters, the facility has a maximum gas deliverability of 5 million cubic meters per day.
