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Serbia is late with the construction of oil storage facilities

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The editor of the portal “Energija Balkana” Jelica Putniković stated that Serbia is late with the construction of storage for crude oil.

She pointed out, however, that it is good that work has started on this, because it means additional energy security for the economy and citizens.

Putniković said that Serbia long ago undertook to provide mandatory reserves of crude oil and derivatives until December 31st, 2022, but that it was only this year, when Europe began to be afraid that there could be shortages of crude oil and derivatives, and we started thinking about making bigger reserves.

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“The construction of oil derivatives storage tanks in Smederevo, as recently announced by the Minister of Energy Dubravka Đedović, which will be able to store 100,000 tons of crude oil, shows that the state is now making up for what it should have started with earlier and Serbia will very soon fulfill the condition that has crude oil reserves for 90 days,” said Putniković.

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