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Pipeline Pulse > Oil > Vucic Rues Quick Gasoline Deal Supplied by Russia
Oil

Vucic Rues Quick Gasoline Deal Supplied by Russia

Editorial Team
Last updated: 2025/10/13 at 7:49 AM
Editorial Team 2 weeks ago
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Vucic Rues Quick Gasoline Deal Supplied by Russia
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Serbian President Aleksandar Vucic stated he was “very disenchanted” with Russia’s choice to supply solely a fuel deal that runs till the tip of the 12 months, after months of talks over an extended settlement. 

Vucic had been searching for a three-year contract with Gazprom, following two conferences this 12 months with Russian President Vladimir Putin. Chatting with the tabloid Informer, he prompt the delay was linked to US sanctions on oil refiner Naftna Industrija Srbije that got here into full impact earlier this month after a number of non permanent waivers expired.

“We begged the People for months and managed to safe eight months; in contrast to some others, we’re not thieves,” Vucic stated. He added that Serbia has sufficient reserves for the following three months and rejected options that Belgrade may nationalize NIS, which is managed by Russia’s Gazprom Neft, to bypass sanctions.

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“The People instructed me, ‘Mr. President, signal it, there will likely be no sanctions, simply inform us that you just want time to nationalize your oil business,'” he stated. “I instructed them, ‘That is unacceptable to me. Our nation is not communist or fascist, and we don’t prefer to seize different folks’s capital and different folks’s property.'”

Gazprom Neft, the oil arm of state-owned Gazprom, holds a 56 % stake in NIS. Its chief government, Alexander Dyukov, will meet Vucic in Belgrade on Monday for talks.

“I hope the Russians will resolve this with the People,” stated the Serbian chief.

Any fuel shortages this winter may add to pressures on Vucic, who has been grappling with home turmoil as tens of hundreds of anti-government protesters have taken to the streets since November final 12 months. The marches had been triggered by the collapse of a concrete cover at a prepare station in Novi Unhappy that killed 13 folks – an incident protesters blame on corruption and poor oversight within the station’s renovation.


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Editorial Team October 13, 2025
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