Due to Bulgarian Tax on Russian Gas, Bills for Consumers in Serbia to Increase as Much as 20%?

Source: Danas Wednesday, 18.10.2023. 08:41
Illustration (Photo: Dmitry Kalinovsky/shutterstock.com)Illustration
Considering that Bulgaria has imposed a tax on the Russian gas which is delivered through its territory, the consumers in Serbia could face, instead of the 10% retail price increase scheduled for November 1, an increase of as much as 20% on their bills in the midst of the heating season.

On Friday, Bulgaria imposed a tax on the Russian gas that is delivered through its territory to third countries.

The decree, which came into effect immediately, implements a tax of USD 10.76 per 100 cubic meters of Russian natural gas which is delivered through that country’s territory.

Consumers in Serbia are supplied with natural gas precisely through the territory of Bulgaria, and the gas is transported via the TurkStream gas pipeline, which means that the new and quite steep tax would be charged for Serbia too, as the PE Srbijagas buys gas from the Russian state giant Gazprom.

As a reminder, according to the agreement that Serbia signed with the International Monetary Fund in order to take out a loan, Belgrade has taken on the obligation to increase retail gas prices in stages and the newest increase is to take place on November 1, in the amount of 10%, which means that, from that date, gas will cost RSD 5.02 per kilowatt-hour with taxes and fees.

A special problem is that a new price increase would burden the operations of the economy which uses that energy source in its production process, which would, without a doubt, lead to an increase in the prices of its products.

The energy expert Velimir Gavrilovic says for the Danas daily that the tax proscribed by those in charge in Bulgaria increases the purchasing price of natural gas for Srbijagas by 10-20%.

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