Serbian Finance Minister Sinisa Mali and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto signed on Friday a bilateral agreement on continuing the cooperation in the energy sector, after which Srbijagas and Hungary’s MVM CEEnergy Zr also signed a deal under which Serbia will be able to store natural gas in Hungary next winter.

The agreement on the purchase of natural gas and logistics services was signed by Srbijagas General Manager Dusan Bajatovic and representatives of the Hungarian company.

Under a previous agreement reached by Serbian President Aleksandar Vucic and Hungarian PM Viktor Orban, Serbia will be able to store 500 mln cubic m of natural gas during the winter.

After a May 25 meeting with Szijjarto in Budapest, Mali said Serbia would be able to draw 3 mln cubic metres of gas a day from Hungarian storage facilities in October, 6 mln cubic m a day in November, December and January and 3 mln cubic m a day in March.