Serbia is considering a move to retake majority control of NIS, its main oil company, from Russia’s Gazpromneft as it rushes to protect itself from the impact of sanctions on Moscow, said the Balkan country’s president.
Belgrade is also preparing a half-dozen other projects to diversify the country’s energy sources, including closer co-operation with Hungary, in a bid to cut its dependency on Russia, Aleksandar Vučić said.
“It’s crazy that we didn’t think about connecting with each other and building this infrastructure network before,” said Vučić. “We were not in the habit of wars in Europe, but now it is different. Almost everything changed. That’s why we are in a hurry.”
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