“The big and strategic problem is that we have to find a solution and a replacement for Russian oil, and until then we are working on new storage facilities, we find them from private commercial structures.
The problem with oil is very complicated, ”RIA Novosti quotes Vucic.
He clarified that currently in Serbia only the oil refinery of the Oil Industry of Serbia company operates at 100% capacity.
Earlier, Vučić said that from November 2022, Serbia will not be able to import Russian oil due to EU sanctions.
According to him, the country is losing $600 million annually due to Western sanctions on Russian oil.