Vucic: Negotiations with Russians on Gas after May 10

Gas Pipeline (Free Image)

Serbian President Aleksandar Vucic said on May 5 that negotiations on the price of gas with Russia would start after May 10, adding that Serbia was 100 percent dependant on Russian gas as well as that the country imported 60 percent of its oil from Russia and that diversifying natural gas supplies could not be talked about at this time.

"What kind of diversification are we talking about? Only in two years will we be in a position to talks about something coming to Serbia from somewhere, but the question is what will come. We are only building an interconnector with Bulgaria and the Bulgarians have yet to call a tender in the coming days followed by at least 300 days of construction on their side. What are we supposed to bring? From where? It does not fall from the sky," Vucic told reporters in Berlin.

He recalled that Germany got 55 percent of its gas from Russia a well as that energy resources were becoming a huge problem. He said that in the past month Serbia had bought 60 percent of its oil from Russia instead of Iraq, because Russian oil was cheaper and came through the Adriatic Pipeline.