Energy Community to impose sanctions against Serbia because of Srbijagas – Serbia, 19 August 2016

The Ministerial Council of the Energy Community will make a decision on imposing sanctions against Serbia on its next meeting scheduled for 14 October in Sarajevo, because Serbia has not completed the restructuring of Srbijagas and Jugorosgas.
Under the Agreement on the Energy Community and the decision of its Ministerial Council adopted in 2014, Serbia had an obligation to establish separate companies for the transmission and the supply of natural gas. Director of the Energy Community Secretariat Janez Kopac said in March that more than a decade long delay in the restructuring of Srbijagas, the company which took an obligation in 2005 to separate natural gas transportation and distribution businesses, will not be tolerated any longer. The deadline for the completion of these obligations was 1 July 2016.

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