Lower gas prices for another year – Serbia, 17 May 2016

Director of Srbijagas Dusan Bajatovic said in an interview that the price of natural gas in Serbia is likely to continue to fall until mid-2017.
As he pointed out, the reason for this is the decline in crude oil prices, while recent increase in oil prices will affect local gas market in nine months time. He added that the current forecasts estimate the price of oil at about 50 dollars per barrel, which would mean that the price for 1,000 cubic meters of natural gas could be around 170 dollars.

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