Serbia’s energy minister says Serbia has enough oil and gas reserves

, News

Serbian Minister of Mining and Energy Zorana Mihajlovic said on March 2 that the energy market in Serbia is stable despite the war in Ukraine and that the state has provided sufficient quantities of gas, oil and oil products in reserves, according to a statement from the Ministry of Mining and Energy.

We have diesel fuel in 57 days, gasoline in 67 days, and fuel oil in 110 days. We get gas through the Balkan Stream, which bypasses Ukraine and there is no fear that there will be a supply interruption. We also have 110 million in our underground warehouse in Banatski Dvor cubic meters of gas “, said Mihajlović.

Mihajlovic added that the war in Ukraine is a problem for the whole world, not only for the EU, Russia or the United States.

“No war is justified and instead of the world investing in the development of new technology, science, health, bio-technology, IT industry, in the better life of every person on the planet, we are watching the war. But we are where we are,” she said.

Earlier, the President of Serbia, Aleksandar Vučić, said on March 2 in a video address on the social network Instagram that the economic challenges that follow the conflicts in Ukraine are becoming more and more difficult for Serbia.

Vučić announced that he would inform the citizens of Serbia in the coming days about the measures that will be introduced.

By the way, oil prices also jumped on March 1, with the American reference price of crude oil exceeding $ 100 per barrel, which is the highest price since 2014.

Russia has a major role in the world energy market as the third largest oil producer.

The Chamber of Commerce of Serbia (SCC) announced on February 28th that it would take urgent measures to mitigate the consequences for companies caused by the events in Ukraine, which relate to the collection of receivables and transportation, Slobodna Evropa writes.