Djedovic: State will supply domestic market with petroleum products while waiting for US response

Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic stated that the state’s priority was to ensure a reliable and even supply of the domestic market with petroleum products, while waiting for the US administration’s response.

Priority of supply stability

Djedovic Handanovic spoke with representatives of MOL Serbia, EKO Serbia, OMV Serbia and the Secretary General of the Association of Oil Companies of Serbia about the stability of the supply of the market with petroleum products.

– Our obligation is that every gas station, wholesale customer and citizens have enough fuel for their needs and we will fulfill that. The companies I spoke with are important for the stability of supply, because they are the largest importers of petroleum products in Serbia and supply the largest part of the market, after NIS – said the minister, according to the ministry.

She emphasized that the import of derivatives in December would follow the market demand, logistics and available capacities.

– We expect it to be according to plan and that the supply will remain stable. The state is also ready to use mandatory reserves of petroleum products in order to maintain the stability of supply, if necessary – she stated.

Important strategic planning

Djedovic Handanovic said that 20,000 tons of Euro diesel and 38,000 tons of gasoline would arrive in December and January for the needs of the state’s mandatory reserves of energy products in order to additionally ensure the security of supply.

– We need to think strategically as we have been doing so far. President Aleksandar Vucic, representatives of the Government are also conducting intensive diplomatic talks with neighboring countries, representatives of the EU, so that refineries in the region increase the share of petroleum products that will be delivered for the needs of supplying our market – she said.

She stated that various scenarios and plans had been developed, with clearly defined responsibilities regarding the sanctions on NIS, and that the state was ready and would take steps to preserve the stability of the supply of petroleum products, while negotiations over the ownership of the company were ongoing.

US sanctions against NIS officially came into effect on October 9 of this year.

Ministarstvo rudarstva i energetike Republike Srbije

MOL Serbia d.o.o. Beograd

OMV SRBIJA DOO BEOGRAD

EKO Serbia ad Beograd

Udruženje naftnih kompanija Srbije Beograd

Dubravka Đedović Handanović

energy

oil

oil products

supply