Serbia to benefit from Turkish gas hub – official — RT Business News


Russian supply via Turkey would help Belgrade meet growing energy demand, head of Serbian gas association says

A proposed natural gas hub in Türkiye would provide Serbia’s new power plants with additional fuel and allow the country to increase its annual consumption to four billion cubic meters (bcm), said Vojislav Vuletic, the head of the Association of gas from Serbia, to RIA Novosti on Monday.

“If the gas hub is established in Turkey, it means new supplies and maybe [new] pipelines [will be built] via Serbia, which is very useful,” he said.

Last week, Turkish Presidential Representative Ibrahim Kalin said the proposed hub would not only make Turkey a transit country, but could also serve as a platform for determining gas prices.

At the end of October, Turkish President Recep Tayyip Erdogan announced that he had accepted a proposal from his Russian counterpart, Vladimir Putin, to create an international natural gas hub in Turkey that many foreign countries could rely on in the future. .

The two leaders agreed to accelerate the development of such a hub, which would allow Russia to redirect supplies from Nord Stream gas pipelines after they were badly damaged by explosions in September.

READ MORE:
Turkey reveals decision on Russian gas hub plan

The Serbian power generation sector is moving away from coal-fired power plants, as most of its units are obsolete. These were built half a century ago and will soon be closed, according to Vuletic. The country’s state-owned electricity company, EBS, plans to build new gas-fired power plants in Subotica, Novi Sad, Sremska Mitrovica, Belgrade, Kragujevac and Nis. This would require about 1.7 billion cubic meters per year, he said.

“With the current volume of consumption, we will need about four billion cubic meters per year”, Vuletic added.
Currently, Russia is Serbia’s only natural gas supplier.

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