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Serbia will reduce gas prices for households from June due to weaker oil prices

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Serbia's retail prices for natural gas supplied to households and small business consumers are expected to drop by approximately 5 percent starting from June, mostly because of the decline in global oil prices, as stated by the energy regulator AERS.

The prices for households will be set at USD 0,44 per cubic metre of gas. Serbia imports 82 percent of its gas from Russia via a single pipeline through Hungary and Ukraine, with the rest coming from local sources. Serbia's annual consumption in 2014 is assessed at 3,2 billion cubic metres. 

Source: EnergyMarketPrice 27 May 2015