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Serbia’s past due debts for Russian gas exceed $180 million — source

June 23, 2014, 21:08 UTC+3 BELGRADE
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BELGRADE, June 23. /ITAR-TASS/. Serbia’s past due debts for Russian gas supplies have exceeded $180 million, a source close to the matter told ITAR-TASS on Monday.

According to the source, the debt includes payment arrears for February and March of 2013 and March-April of 2014 to a total of more than $148 million. Apart from that, Serbia has not repaid its debts for gas supplies in 1995-2001 in the amount of $34.8 million. This information was confirmed by another source, which said that the issue of Serbia’s overdue payments had been discussed at the ministerial talks in Moscow on June 20.

Speaking to Serbian media, Minister of Energy and Mining Aleksandar Antic confirmed that the problem of debts to Russia had been raised at his talks in Moscow.

According to one of the sources, Russia’s gas giant Gazprom has offered Serbia to extend the 1995-2000 gas debt repayment scheme till the end of 2014. Under scheme, Serbia will pay an extra of $3 per 1,000 cubic meters of gas added to the current gas price. “It is well in line with the intergovernmental protocol, since the final settlement of the 1995-2001 debts is to take place by the end of 2014,” the source said.

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