serbia

Between flows and power: How Serbia’s 2025 gas reality navigates dependence, negotiation and a shifting energy map

Natural gas occupies a very particular place in Serbia’s 2025 energy story. It is neither as emotionally charged as electricity, nor as geopolitically visible to the public as oil. Yet gas quietly underpins a significant portion of Serbia’s industrial capacity, urban heating stability, energy security narrative, and regional strategic positioning. In a world reshaped by […]

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Beyond supply and sanctions: How Serbia’s 2025 oil predicament lays bare reliance, bargaining power and the hidden politics of energy

Oil rarely dominates Serbia’s public debate in the way electricity does. Power outages, hydropower droughts, EPS controversies and regional electricity prices tend to attract louder attention. Yet oil quietly sits at the core of Serbia’s economic security, industrial continuity and transport reality. In 2025, the story of oil in Serbia is less dramatic on the

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Serbia industrial electricity pricing outlook 2025–2026: Costs, risks, structures and competitive reality

Industrial electricity pricing has become one of the decisive economic variables shaping Serbia’s industrial strategy, competitiveness positioning, and investment prospects. As the country advances through 2025, industrial electricity tariffs are not just a technical regulatory issue; they are now deeply intertwined with fiscal policy, energy market architecture, industrial productivity, inflationary risk, and ultimately Serbia’s credibility

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Hydrogen highways: Could Serbia emerge as a key hub in Europe’s future energy network?

For most of modern history, power came from what countries could extract. In the future, power will come from what countries can connect, convert and stabilize. Europe is moving rapidly from a fossil-based energy logic to a decarbonized industrial model — and this shift is not philosophical. It is strategic, financial, infrastructural and geopolitical. It

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Serbia: Fuel supply highly dependent on Pančevo refinery amid sanctions on NIS

According to the latest IMF country report, Serbia’s fuel supply remains heavily reliant on the Pančevo oil refinery, which meets roughly four-fifths of domestic demand. The report notes that replacing NIS’s distribution network with imported fuels would face significant logistical challenges, particularly the lack of oil pipelines connecting Serbia to refineries in neighboring countries. The

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Serbia pursues NIS ownership talks to lift US sanctions and ensure fuel stability

Serbian energy authorities have confirmed that ongoing discussions are underway regarding a potential change in ownership at oil company NIS, as efforts continue to resolve US-imposed sanctions on the company. According to the Ministry of Energy, the talks involve Russian majority shareholders and Hungary’s MOL, which is being considered as a potential buyer of the

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Serbia: EPS sets new annual coal production record at Drmno mine, Tamnava also hits full-year target

Serbian state-owned power utility EPS has announced a record-breaking milestone in coal production at the Drmno open-pit mine near Kostolac. Since the beginning of the year, cumulative output at the site reached 10 million tons, marking the highest annual production in the mine’s history. The previous record stood at just under 9.908 million tons. Strong

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Serbia: US extends NIS negotiation license amid fuel supply challenges

The US Treasury’s Office of Foreign Assets Control (OFAC) has issued a new license to Serbian oil company NIS, allowing negotiations on the sale of the Russian ownership stake to continue until 24 March. However, the license does not permit regular business operations during this interim period. The decision provides additional time for discussions but

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Serbia: Renewable energy share rises to 25.8% in 2024 amid modest progress

The contribution of renewable energy sources to Serbia’s gross final energy consumption reached 25.8% in 2024, marking a modest increase of 0.4% compared to the previous year. Data from Eurostat show that Serbia now sits slightly above the European Union average, which was 25.2% in 2023. Despite this, the country’s overall progress remains limited when

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Serbia secures temporary gas supply extension through peak winter, ensuring energy stability for households and industry

Serbia has secured continuity of natural gas deliveries through the peak winter period after reaching a temporary supply arrangement valid until the end of March. President Aleksandar Vučić emphasized that the extension provides stability for households and industry, ensuring sufficient gas and electricity during the coldest months. The three-month extension is intended to give the

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