Bajatovic and Miller discussed natural gas supply – Serbia, 16 June 2016

Director of Srbijagas Dusan Bajatovic and Head of Russian gas company Gazprom Alexey Miller discussed the supply of Russian gas to Serbia and its alternative supply routes at the St. Petersburg International Economic Forum.
The two officials also discussed the project for the expansion of underground gas storage in Banatski Dvor. In October 2015, Srbijagas and Gazprom have signed a Memorandum of Understanding on cooperation in natural gas storage and natural gas sector in general. One of the main aspects of this MoU is the expansion of Banatski Dvor underground gas storage, which would be expanded from current 450 million cubic meters of gas to one billion cubic meters, which would ensure much higher energy security for Serbia. Banatski Dvor underground gas storage, in which Gazprom has 51 % stake, while Serbian state has 49 % through Srbijagas, is the largest gas storage in Southeastern Europe.

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