Serbia is currently negotiating a new long-term natural gas agreement with Russia, aiming to secure what it claims will be the most favorable gas price in Europe. According to Dušan Bajatović, Director of the state-owned company Srbijagas, the upcoming contract with Gazprom is expected to take effect in September and could last either three or […]
Serbia eyes new long-term gas deal with Russia amid EU energy shift Read More »
Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó announced that Hungary plans to import between 8 and 8.5 billion cubic meters of natural gas from Russia this year. He stated that the country is already receiving gas under a long-term contract, which has so far ensured the delivery of 4.5 billion cubic meters. In
Hungary to import up to 8.5 billion cubic meters of Russian gas in 2025 Read More »
Serbia should sign a long-term gas supply contract with Russia, according to Srbijagas Director Dušan Bajatović. The General Manager of Srbijagas stated that Serbia will negotiate a long-term agreement with Russia for the procurement of gas. “We will get a long-term contract. There is still a question of price. It will not be for less
Serbia seeks stable gas supply amid European push to cut Russian imports Read More »
Dušan Bajatović, General Director of Srbijagas, announced that negotiations with Russia over a new gas supply agreement will resume next week. With the current arrangement set to expire on 31 May, discussions are focused primarily on determining the duration of the new contract. According to Bajatović, preliminary talks took place during President Aleksandar Vučić’s recent
Serbia and Russia to resume gas contract talks as current agreement nears expiry Read More »
Following official discussions between the Presidents of Serbia and Russia in Moscow, representatives from Srbijagas and Gazprom have resumed negotiations to finalize a new gas supply agreement, with the current contract set to expire at the end of May. Dusan Bajatovic, General Director of Srbijagas, stated that the new agreement could last for up to
Serbia and Russia move closer to finalizing new gas supply agreement Read More »
Bosnia and Herzegovina (BiH) owes Russia $104.8 million in gas debt, according to the BiH Ministry of Finance and Treasury. This amount includes $22.7 million of pre-war debt and $82.1 million accumulated during the 1992–1995 war. A commission was formed in 2006 to determine the exact amount of debt owed for gas deliveries, covering the
Bosnia and Herzegovina’s gas debt to Russia: Background and ongoing dispute Read More »
Serbia is actively negotiating a new long-term gas supply agreement with Russia to secure stable energy access and maintain low prices for both businesses and households. Energy cooperation was a central topic during recent talks between Serbian President Aleksandar Vučić and Russian President Vladimir Putin, with a focus on extending the current agreement and preserving
Serbia pursues long-term gas deal with Russia to ensure energy stability Read More »
In the first three months of 2025, Russia increased its natural gas exports to Europe via the TurkStream pipeline by 16% compared to the same period in the previous year, reaching a total of 4.51 billion cubic meters. However, in March, exports dropped by 9.5% compared to February 2025, falling to 1.4 billion cubic meters,
