Oil and oil derivatives

Methodologies for setting prices

In line with its jurisdiction defined in the Energy Law, the Energy Agency of the Republic of Serbia adopts the following methodology:

• Methodology for setting price of access to the oil transport system via oil pipelines and to the oil derivatives transport system via product lines („Official Gazette of RS“, No. 93/12, 123/12, 116/14, 4/16, 41/16-revision, 111/17, 4/19) - Serbian version

The Methodology regulates:

• conditions and methods of setting maximum revenue of energy entities
• criteria and rules for the allocation of revenue for each customer category and group and
• elements for the calculation and method of billing delivered crude oil and oil derivatives.

The establishment of maximum revenue level should enable the coverage of justified operational costs, as well as an adequte yield from money and investments placed efficiently during the performance of regulated energy activity.

Methodolgy defines criteria and rules which determine different tariff elements and tariffs for certain customer categories and groups, depending on the quantity of delivered energy and delivery conditions, power, season and daily delivery dynamics, delivery point and metering method and other characteristics.