Serbia set to sign new gas deal with Russia - media

That’s according to Reuters, Ukrinform reports.

"I can not speak about the price now, all details will be agreed with Gazprom," Vucic told reporters.

He said he had agreed with Putin that the price of gas would be linked to the oil price, but offered no details of the deal.

Serbia's 10-year gas supply contract with Russian energy giant Gazprom expires on May 31.

Serbia, which aims to join the European Union, has recently come under pressure from Western powers to align its foreign policy with the bloc, including on imposing sanctions on Russia.

In 2008 the Balkan country’s gas and oil sectors fell into the hands of the Russian companies. Gazprom Neft and Gazprom share a majority stake in the country's sole oil company, while Gazprom is majority shareholder in Serbia’s sole gas storage facility.