Vucic: Russian gas deal extended by three more months under very favourable terms

BELGRADE - Serbian President Aleksandar Vucic said on Monday he had spoken with Russian President Vladimir Putin earlier in the day and that Serbia's natural gas deal with Russia had been extended by three more months under very favourable terms.

"We discussed literally all fields and what was extremely important to me - and I thanked President Putin for that - is that we were granted an extension of our gas agreement by three more months under very favourable terms," Vucic said in an address at the Presidency of Serbia.

He added that the terms were flexible and that the gas price would be formed according to the oil formula.

Vucic: I discussed Kosovo-Metohija, Srpska with Putin and informed him of Zagreb-Pristina-Tirana alliance

BELGRADE - Serbian President Aleksandar Vucic said on Monday that, besides an extension of Serbia's natural gas deal with Russia, his discussion with Russian President Vladimir Putin had also addressed other topics and that Putin had inquired about Kosovo-Metohija and Republika Srpska, as well as that they had exchanged views on all important issues.

"I also informed him of the (military) alliance of Zagreb, Pristina and Tirana, we discussed all topics," Vucic said in an address at the Presidency of Serbia.

He said he had asked Putin about his take on an end to hostilities in Ukraine and the Middle East - Iran.

"I received his explanation and his view on the situation, his opinion," Vucic said.

Earlier, Vucic announced Serbia had been granted an extension of its Russian gas deal by three more months under very favourable terms.

Vucic, Putin discuss natural gas arrangement, global political affairs

BELGRADE - Serbian President Aleksandar Vucic spoke with Russian President Vladimir Putin by phone on Monday.

In an exhaustive and substantial discussion, Vucic thanked Putin for an extension of Serbia's natural gas deal with Russia under very favourable terms.

In a statement, the presidential press office said the three-month extension enabled Serbia to buy gas according to the oil formula - at a price that is half of the present market price and significantly lower compared to the majority of European countries.

It said the arrangement included flexibility of supply and an option to buy more than 6 mln cubic m of natural gas a day if necessary.

Amid complex geopolitical circumstances and numerous challenges in the European and global energy markets, ensuring reliable supply conditions and long-term energy security was crucial for Serbia, given the significance of stable supplies for businesses and citizens, the statement said.

Vucic and Putin also discussed global political affairs, including the situation in Europe and the Middle East, as well as relations in the Western Balkans.

Vucic again thanked Putin for Russia's firm position and respect for the territorial integrity and sovereignty of the Republic of Serbia, in line with the UN Charter and UNSCR 1244.

The two presidents also exchanged views on bilateral topics and progress of cooperation in key areas such as the economy, infrastructure, agriculture, the pharmaceuticals industry, the IT sector and artificial intelligence, as well as energy.

Vucic noted that Serbia would continue to pursue a responsible and serious policy, safeguarding stability, its economic interests and the security of citizens.