Force majeure forces Azerbaijan to stop gas supply to Serbia  

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Serbia Loses Gas Supply from Azerbaijan

President Aleksandar Vucic announced that Azerbaijan has stopped sending gas to Serbia. This is because Azerbaijan is facing problems and has declared a “force majeure”.

A force majeure is a situation where something unexpected happens, making it impossible for someone to keep an agreement. this case, it means that Azerbaijan will no longer send the 1. million cubic meters of gas that Serbia was receiving daily.

Vucic met with US Deputy Secretary of State and assured that Serbia has enough gas reserves to cover the shortage. He said that using these reserves would be a good solution and that there would be no gas shortages in the .

Serbia’s company faced sanctions from the just one day before Azerbaijan stopped sending gas. The US wanted Russia to give its ownership stake in NIS. This move by the US may have contributed to Azerbaijan’s decision to stop sending gas to Serbia.

Read More @ n1info.rs

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