Serbia will stop importing Russian oil from November, says minister


energy today

Friday, August 26, 2022, 2:35 p.m.

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Serbian Energy Minister Zorana Mihajlović said Serbia would no longer be able to import Russian crude oil from November 1 following the EU’s sixth sanctions package against Russia, a reported the news portal SeeNews.

Serbia will have to buy oil from other suppliers, Mihajlović said, quoted in an Energy Ministry statement.

Serbia already imports oil from Iraq and other countries.

Russian imports cover about 50% of the country’s needs, 30% come from other suppliers and 20% are covered by domestic oil, according to the minister.

In July, the Energy Ministry said Serbia was in the initial stages of negotiations with Azerbaijan on natural gas deliveries from next year in a bid to diversify its suppliers.

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