This article demonstrates that two factors are undermining Serbia\u2019s security of supply and will have potential future repercussions. Firstly, a low level of interconnectivity with its neighbours, a common characteristic amongst the countries in the region. Secondly, dependency on a single supplier and lack of alternative sources for the supply of natural gas.<\/p>\n
There are several reasons as to why a high level of regional interconnectivity and multiple suppliers strengthens security of supply. Diversification of supply grants the importer the choice in terms of price advantage and avoids dependency on a single source. A high degree of regional interconnectivity allows the respective country to alternate between sources relatively quickly in times of disruption or cut-offs.<\/p>\n
To achieve any positive outcome Serbia has several options available that can influence both factors. The author argues that the development of various energy projects in the wider region coupled with support through EU funding and grants are amongst the most ideal options. Funding and loans from EU institutions and three energy projects to be considered as opportunities for Serbia to solve the two above mentioned factors is presented.<\/p>\n
However, these options are conditional on external and internal aspects. Likewise, it requires an active role, at least domestically, and interest in the developments, on the part of Serbia.<\/p>\n
The first part of the article will provide a brief overview of the regional gas markets in South – Eastern Europe, focusing mainly on the degree of import dependency on gas and the level of interconnectivity with and within the region.<\/p>\n
The second part is divided into two sections. Firstly, the author will analyze the composition of the Serbian gas market and sector. The section afterwards focuses on Serbia\u2019s membership in the Energy Community; particularly looking at Serbia\u2019s commitment to the obligations of all contracting parties and the implementation of the reforms and laws that are in line with the Energy Community\u2019s legislation, but also what the main obstacles have been so far.<\/p>\n
The final part presents three energy projects, in various degrees of development, in Serbia\u2019s neighbourhood that could serve as potential alternative channels for diversification in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"
With Gazprom pulling out of Ukraine\u2019s transit network of natural gas in 2019, South \u2013 Eastern Europe, a region with high import dependency on Russian gas, must prepare itself for a post- 2019 environment that could challenge the stability of the countries\u2019 security of supply. This is particularly the case for Serbia which imports over 80% of its natural gas from Russia.<\/p>\n","protected":false},"author":1,"featured_media":12731,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[8613,8619],"tags":[264,8414,8410,7498,8412,8404,8409,7115,8407,8408,8405,5574,8413,8411,8370,7696,4991,7461,8009,7905,8406],"vrsta":[9441],"pdfpub":[],"coauthors":[13],"class_list":["post-17155","publikacija","type-publikacija","status-publish","has-post-thumbnail","hentry","category-foreign-policy","category-regional-security-cooperation","tag-264","tag-anvil","tag-challenge","tag-countries","tag-dependency","tag-eastern","tag-environment","tag-europe","tag-imports","tag-itself","tag-natural","tag-network","tag-overview","tag-particularly","tag-russia","tag-russian","tag-security","tag-serbia","tag-south","tag-stability","tag-supply","vrsta-analysis"],"acf":[],"_links":{"self":[{"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/publikacija\/17155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/publikacija"}],"about":[{"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/types\/publikacija"}],"author":[{"embeddable":true,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/comments?post=17155"}],"version-history":[{"count":1,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/publikacija\/17155\/revisions"}],"predecessor-version":[{"id":31574,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/publikacija\/17155\/revisions\/31574"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/media\/12731"}],"wp:attachment":[{"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/media?parent=17155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/categories?post=17155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/tags?post=17155"},{"taxonomy":"vrsta","embeddable":true,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/vrsta?post=17155"},{"taxonomy":"pdfpub","embeddable":true,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/pdfpub?post=17155"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/bezbednost.org\/en\/wp-json\/wp\/v2\/coauthors?post=17155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}