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Petroleum / Mining in Serbia

  • Balkan States Face Crisis if Russia Halts Gas Flow.

    BOSNIA AND HERZEGOVINA, 2014/10/17 The three Balkan nations, which have few alternative sources for heating and industry, will be hard hit if Russia halts gas supplies to Europe, Brussels warns. For Bosnia, Macedonia and Serbia “supplies from Russia are the dominant source of gas and the supply takes place solely through one transit route via Ukraine," the analysis notes. "National infrastructure capacities are very limited and prevent a flexible flow of gas and diversification of sources,” the analysis adds. The three nations would be “part the nations most affected in case of supply disruptions of gas in Europe” the statement continues.