Gazprom to build LNG plants in Serbia

Serbia's Ministry of Mining and Energy and the Russian state-owned gas company Gazprom have signed an agreement on the construction of liquefied natural gas (LNG) stations in Serbia.

The contract was signed by Denis Fyodorov, Director General of Gazprom Energoholding, and Aleksandar Antic, Minister of Mining and Energy of the Republic of Serbia at the St. Petersburg International Economic Forum 2019. 

“Serbia and Gazprom will aim to provide LNG that will be produced in the country to ensure the supply of areas that are not covered by the gas pipeline network,” Serbian energy minister Aleksander Antić said after a meeting with Gazprom CEO Alexey Miller, adding that alternative gasification will be among the main priorities of bilateral energy cooperation. Mr Miller was also present at the signing ceremony.

Mr Antić told the Serbian press that Gazprom Neft, the Russian company’s oil arm, was also showing interest in the construction of a Serbian petrochemical plant. “We will continue discussions about possibilities of the process being defined through a strategic partnership,” the energy minister said.

In March, the Serbian government signed a Memorandum of Understanding with Gazprom on the construction of four LNG-powered plants in Kragujevac, Nis, Belgrade and Novi Sad, as well as natural gas stations in western Serbia.

The main terms of establishing the joint venture have yet to be fully agreed, but the construction of a power plant in the city of Kragujevac is identified as a priority project.

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