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Oil & Gas

Wednesday
21 Jun 2023

Serbia Establishes Joint Gas Company With Hungary

21 Jun 2023  by euractiv   

President Aleksandar Vučić, President Katalin Novak, Prime Ministers Ana Brnabić and Viktor Orban attended the session of the Strategic Council of Serbia and Hungary. [EPA-EFE/Vivien Cher Benko / HANDOUT HANDOUT EDITORIAL USE ONLY/NO SALES]
At the Strategic Council for Cooperation between Serbia and Hungary in Palić, an agreement was signed on the establishment of a joint venture for gas SERBHUNGAS d.o.o. between Srbijagas and the Hungarian electricity company.

President Aleksandar Vučić, President Katalin Novak, Prime Ministers Ana Brnabić and Viktor Orban attended the session of the Strategic Council of Serbia and Hungary.

“Our relations are now the best in terms of political and economic relations. Trade exchange is €3.65 billion, almost five times more than it was. And that means that today Hungary is the fifth trading partner of Serbia, the third from the EU,” said Vučić.

“These are huge quantities, with which we guarantee the safety of our people. We also have reserves of oil and diesel,” said Vučić, pointing to the total of 560 million cubic metres now stored in Serbia and Hungary.

Novak, for her part, said that Hungary wants Serbia to become a member of the European Union as soon as possible.

“We can cooperate on all issues, even on defence issues. We want to facilitate the transition between the two countries. We have stated that we are ready to facilitate the border crossing, and we expect the members of this Government to work on it,” said Hungary’s president.

Brnabić said that this day is historic for the two countries because of the long and hard work invested in the relations.

She also praised the Strategic Council for Cooperation, saying nothing of the sort had been organised with other countries.

Orban, stated that Serbia is a key country in the Western Balkans and that the strengthening of Serbia is also good for Hungary. “Serbia is not a member of NATO and the EU, Hungary is. The differences we have do not make our cooperation more difficult but add value to it,” he said.

He pointed out that Hungary is following the events in Kosovo, and that it is unacceptable for them to accept elections with a participation of about 4% as legal results.

However, Orban called on the Vucic to release the three Kosovo policemen currently in Serbian custody.

“Three Kosovar policemen, please, dear Alexander, think about it. The enemies are eager to harm Serbia. I think it would be good for you to listen to Hungary’s recommendation and return those three Albanians to Kosovo, and I think that would help you advance your own cause. Because That’s what I’m asking you to think about,” said Orbán.

“I am not going to go talk to Kurti until every arrested Serb is released, until the fake majors from the north withdraw until their police withdraw and stop arresting Serbs every day, and then we will talk about how to form the ZSO,” said Vucic.

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