Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Srbijagas May Close Price Gap Between Gas Imports and Resale

March 14 (Bloomberg) -- Srbijagas JP, Serbia’s natural-gas monopoly, may eliminate losses stemming from a price disparity between the cost of importing gas from Russia and selling it in the home market.

The state-owned company expects that the cost of import, at $400 per 1,000 cubic meters in the first quarter, will fall to about $370 “in the course of the year,” while Serbia’s energy regulator may allow an increase in the resale price, now at $350 for a 1,000 cubic meters, Dusan Bajatovic, Srbijagas general manager said at a business forum in Kopaonik today.

“With a minor increase in the price for our consumers, we could achieve some balance,” Bajatovic said, reiterating that the state should end its “welfare approach” to regulated gas prices.

To contact the reporters on this story: Gordana Filipovic in Belgrade at gfilipovic@bloomberg.net; Misha Savic in Belgrade at Msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.