Putin to discuss gas supply contract with Serbian deputy PM

(Reuters) – Russian President Vladimir Putin said that he intended to discuss a gas supply contract with Serbia that expires in March 2025 with Serbian Deputy Prime Minister Aleksandar Vulin.

Putin met Vulin at the Eastern Economic Forum in Russia’s far eastern port of Vladivostok.

Serbia, which was bombed by NATO during the 1999 war in Kosovo, has historically close ties to Russia but also aspires to join the EU.

Since Russia’s full-scale invasion of Ukraine in 2022, Serbia’s President Aleksandar Vucic has walked a fine line, condemning the Russian military action but refusing to join European sanctions against Moscow.

Serbia largely depends on gas supplies from Russia and its NIS oil monopoly is majority owned by Russia’s Gazpromneft, although it is seeking to diversify its energy supplies.

In a statement, Vulin’s office made no mention of gas supply talks but said Vulin had reassured Putin about Serbia’s relationship with Russia.

“Serbia led by Aleksandar Vucic … will never become a member of NATO, will never impose sanctions on the Russian Federation, and will never allow anti-Russian actions to be carried out from its territory,” it said.

Vulin, the former head of Serbia’s BIA state security agency, is under sanctions by the United States for helping Moscow in its “malign” activities, and for having links to an arms dealer and a drug trafficking ring. He resigned from the BIA when sanctions were imposed, and has denied wrongdoing.

His visit to Russia comes only days after Belgrade and France’s Dassault Aviation agreed about the purchase of 12 new Rafale fighter jets for 2.7 billion euros ($2.98 billion), a move seen as a major shift away from Russia, Serbia’s major weapons supplier.

($1 = 0.9053 euros)

This post is originally published on INVESTING.

  • Related Posts

    Kazakhstan votes on whether to build first nuclear plant

    ALMATY (Reuters) – Kazakhstan votes in a referendum on Sunday on whether to build its first nuclear power plant, an idea promoted by President Kassym-Jomart Tokayev’s government as the Central…

    Oil settles up, biggest weekly gains in over a year on Middle East war risk

    By Shariq Khan NEW YORK (Reuters) -Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Kazakhstan votes on whether to build first nuclear plant

    • October 6, 2024
    Kazakhstan votes on whether to build first nuclear plant

    Factors Driving Exchange Rates

    • October 5, 2024
    Factors Driving Exchange Rates

    How Central Bank Digital Currencies Could Transform Payments?

    • October 5, 2024
    How Central Bank Digital Currencies Could Transform Payments?

    The Essential Guide to Currency Pairs for Confident Forex Trading

    • October 5, 2024
    The Essential Guide to Currency Pairs for Confident Forex Trading

    Weekly Focus: Czechia Will not Regulate Prop Demo Accounts, Saxo Exits Hong Kong, and More

    • October 5, 2024
    Weekly Focus: Czechia Will not Regulate Prop Demo Accounts, Saxo Exits Hong Kong, and More

    Oil settles up, biggest weekly gains in over a year on Middle East war risk

    • October 4, 2024
    Oil settles up, biggest weekly gains in over a year on Middle East war risk