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Dec 20, 2017 13:57 EEST
December 20 (SeeNews) - Serbian state-owned gas monopoly Srbijagas said on Wednesday it signed a contract with Russia's Gazprom to increase the volume of natural gas imports by 33% in 2018.
Srbijagas signed an annex to the existing supply contract, raising the annual natural gas imports to 2 billion cubic metres from 1.5 billion cubic metres, the Serbian state-owned company said in a statement.
The exports of Russian natural gas to Serbia stood at 1.75 billion cubic metres in the period between January 1 and November 15. Volumes of over-year contract quantities have been delivered under additional agreements to the contract so far, Srbijagas said.
In March 2013, Yugorosgaz, owned by Gazprom, Srbijagas, and Central ME Energy & Gas AG, signed a contract for the import of Russian natural gas with Gazprom Export. The contract will expire in 2021, Srbijagas said.
On Tuesday, Russia's president Vladimir Putin said Gazprom plans to increase the volumes of natural gas exports to Serbia to 3.5 billion cubic metres in 2022.
In 2016, Gazprom exported 1.75 billion cubic metres of natural gas to Serbia, up 4.3%.
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