In 2018, Gazprom exported to Serbia 2.15 billion cubic meters of gas, a 1.2 per cent increase from 2017 (2.12 billion cubic meters).

WNN - Russia and Serbia have signed an intergovernmental agreement on cooperation in nuclear energy and a joint statement on strategic partnership for the construction of a centre of nuclear science, technology and innovation.

IMF - We project real GDP growth at 4.2 percent in 2018 and 3.5 percent in 2019. Full implementation of the structural reform agenda will further boost growth potential. Headline inflation has increased to 2.6 percent in August and is expected to remain close to the center of the inflation target range of 3 percent over 2018 and 2019.

GAZPROM - The parties pointed to the high efficiency of the bilateral cooperation in the gas industry, emphasizing, inter alia, the reliability of gas supplies, the amount of which had increased by 41 per cent from 2014 to 2017. In the first nine months of 2018, Gazprom had exported 1.5 billion cubic meters of gas to Serbia, a 2.9 per cent rise against the same period of 2017.

GAZPROM - According to preliminary data, in the period from January 1 through July 12, 2018, gas exports to Serbia totaled 1.2 billion cubic meters, an increase of 5.3 per cent from the same period of 2017.

In 2016 Gazprom’s gas deliveries to Serbia had added 4.3 per cent compared to 2015. On top of that, the first half of 2017 saw a considerable increase in the demand for Russian gas: from January through May 2017 Gazprom’s gas supplies to Serbia climbed 42.2 per cent compared to the same period of 2016.

A new deposit in Serbia’s Pannonian oil and gas basin may contain recoverable reserves of 432,000 tonnes, according to Russia's PJSC Gazprom Neft. The Idos-X-4 well was drilled to the Neogene-aged formation at a depth of 2,268-2,287 m in the Idos-Sever (Northern Idos) field.

According to preliminary figures for 2015, the gas deliveries grew by 23.6 per cent to 1.7 billion cubic meters.

After Russia dropped the construction of the South Stream gas pipeline, Serbia is ready to look for new supply sources, and the priority according to Serbian officials, will be the interconnection with Bulgaria.

Rosneft and Essar Agreed on Key Terms of Oil and Oil Products Supplies to Essar Refineries