
Europe
On the brink of crisis: Gas prices are rising again in Europe
The cold start of November contributed to the new increase in the price of natural gas. Are uneasy memories of the gas crisis of 2022 coming back to Europe?

The cold start of November contributed to the new increase in the price of natural gas. Are uneasy memories of the gas crisis of 2022 coming back to Europe?

Although Serbia has a lower gas price compared to last year, it is still highly dependent on Russian energy sources, which raises the issue of price stability and security of supply.

Over 90 percent of natural gas imported into Serbia comes from Russia. The two countries' gas supply contract expires next year and its future seems uncertain. It seems that the brotherly love between Vučić and Putin has cooled. While the president of Serbia is weighing the invitation of his Russian counterpart to the BRICS summit, Serbia is signing agreements with the United States of America

Russia's liquefied natural gas business in the EU is booming and steadily bringing money to Putin's coffers. It's a business that depends on a limited number of special tankers – but sanctions are still not in sight
While the European Union is preparing to introduce the sixth "package" of sanctions against Russia due to the attack on Ukraine, it is still certain that gas will continue to flow from the largest country in the world to Europe. It is not certain for oil. Serbian officials say that the next winter will be very difficult, but they do not say how they will solve the problem