
Serbia’s Mining and Energy Minister Zorana Mihajlovic said that the European Union’s (EU) sixth package of sanctions against Russia means that, starting November 1, it will no longer be possible to buy crude oil from this country.
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The Serbian Oil Industry (NIS) will have to purchase oil from other suppliers in the market, said Mihajlovic, adding she believes this will not affect the market in Serbia.
“We have known about this (EU) decision for two months and we doing all we can to find a way to avoid disruptions in our market and I believe that we will succeed in this,” said Mihajlovic.
She added that NIS gets crude oil via JANAF (the Adriatic oil pipeline) and that it never purchased only Russian oil but also imported it from Iraq and “other countries.”
Serbian President Aleksadanr Vucic told a media conference on Sunday that, as of November 1, “we are under sanctions” and will be without Russian oil.
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