Joint purchasing of gas with the EU – a possibility for Serbia News | WeBalkans


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Joint purchasing of gas with the EU – a possibility for Serbia

Energy prices are constantly changing, which brings great uncertainty and destabilises the market. Rising prices and inflation affect the standard of living in Europe, and smart consumption planning and joint procurement of energy are in focus.


“For the first time in the history of the EU, we should do our best and buy gas jointly. We know that gas will play the role of a necessary transition fuel for some time”, says European Commission Vice President for Interinstitutional Relations and Foresight Maroš Šefčovič.


The European Union launched the “AggregateEU” platform, as a response to the challenges of the prolonged energy crisis and the destabilisation of the energy market due to the war in Ukraine. The platform enables the joint procurement of gas and hydrogen in the future, from different sources, under the most favourable possible conditions. Serbia, as part of the Energy Community has the opportunity to participate and in this way increase the diversification of its energy sources.


Through the digital platform, suppliers can report sales volumes of gas. In the next year, Brussels will organise joint gas procurement every two months. So far, more than 80 companies have registered, and Serbia can take advantage of this opportunity in the coming period.


The countries of the European Union have been given the task of filling up to 90 percent of gas storages by November. For the first joint tranche, global suppliers must submit bids by May 9th, and Russian companies and Russian gas have been eliminated from the competition. The goal of the Brussels energy solidarity is to provide gas from other sources on time for the next heating season at the most favourable prices.

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Photo credits: EU Delegation to Serbia

Source: EU Delegation to Serbia

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