serbia

Serbia to raise residential electricity prices by 7% under IMF agreement

Serbian households will face a minimum 7% electricity price increase by the end of September 2025, in line with commitments under the country’s IMF-supported economic program. Originally planned for October, the adjustment will now include a tightening of the high-tariff “red zone,” reducing the monthly threshold from 1,600 kWh to 1,200 kWh to encourage more […]

Serbia to raise residential electricity prices by 7% under IMF agreement Read More »

Serbia: Electricity imports surge in 2024 amid rising demand and lower domestic generation

In 2024, Serbia experienced a notable increase in electricity consumption, coupled with a decline in domestic power generation, leading to a sharp rise in energy imports. Total electricity consumption, excluding internal use, reached 30.8 terawatt-hours (TWh), marking a 2.7% (0.8 TWh) increase compared to 2023. Among consumers, residential demand grew by 1.7%, while other low-voltage

Serbia: Electricity imports surge in 2024 amid rising demand and lower domestic generation Read More »

Serbia: Kragujevac launches €44 million citywide gasification project

A new framework agreement valued at 44 million euros has been signed to expand the natural gas infrastructure throughout the city of Kragujevac in central Serbia. The project will be implemented by local company DM Invest in partnership with state-owned gas utility Srbijagas as part of a comprehensive gasification program. Mayor Nikola Dasic emphasized the

Serbia: Kragujevac launches €44 million citywide gasification project Read More »

Region: Serbia and Hungary finalize plans for cross-border crude oil pipeline

Serbian state-owned company Transnafta and Hungarian energy group MOL have agreed on the technical specifications for a new crude oil pipeline that will connect the two countries. According to the Serbian Ministry of Energy, the pipeline will cover 113 kilometers within Serbian territory and will be capable of transporting up to 5 million tons of

Region: Serbia and Hungary finalize plans for cross-border crude oil pipeline Read More »

Serbia: SEEPEX day-ahead electricity trading volume rises 0.4% in June 2025 amid price declines

In June 2025, a total of 505,516.5 MWh of electricity was traded on the day-ahead market at the Serbian energy exchange SEEPEX, marking a 0.4% increase compared to May. The average daily traded volume stood at 16,850.6 MWh. Compared to June of the previous year, traded volumes rose by 21.2%. The average daily base price

Serbia: SEEPEX day-ahead electricity trading volume rises 0.4% in June 2025 amid price declines Read More »

Region: Romania and Serbia sign MoU to launch cross-border gas interconnection

Romania’s natural gas transmission system operator, Transgaz, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to advance the development of a gas interconnection between the two countries. The agreement lays the foundation for cooperation by defining the main principles and organizational framework for future joint projects. As part of the

Region: Romania and Serbia sign MoU to launch cross-border gas interconnection Read More »

Region: North Macedonia and Serbia advance cross-border gas pipeline project

The national gas transmission operator of North Macedonia, Nomagas, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to enhance their cooperation and accelerate the development of a cross-border gas interconnector. This agreement is a significant step toward streamlining the preparatory work for a key pipeline that will connect the gas

Region: North Macedonia and Serbia advance cross-border gas pipeline project Read More »

Serbia grants operating license for new 350 MW unit at Kostolac coal power plant

The Serbian Ministry of Construction, Transport and Infrastructure has issued an operating license for the new B3 unit at the Kostolac coal-fired thermal power plant, marking a significant milestone in the country’s energy development. The license follows the formal handover of the 350 MW B3 unit last year from China Machinery Engineering Corporation (CMEC) to

Serbia grants operating license for new 350 MW unit at Kostolac coal power plant Read More »

Serbia: US Treasury grants NIS fourth 30-day sanctions reprieve

For the fourth time since April, the US Department of the Treasury has extended Serbian oil company NIS’s waiver from full sanctions implementation, pushing the new deadline to 29 July 2025. This extension follows NIS’s recent application for a special license aimed at preserving its ability to conduct routine business beyond the previous waiver’s expiration

Serbia: US Treasury grants NIS fourth 30-day sanctions reprieve Read More »

Serbia plans new gas storage facility amid EU energy tensions and supply uncertainty

As the European Commission pushes for a gradual phase-out of Russian energy imports by 2027, internal divisions threaten to derail progress. Hungary and Slovakia have strongly opposed the gas-related measures in the EU’s proposed 18th sanctions package, signaling they may block the initiative unless natural gas is excluded. In contrast to these debates, Serbia is

Serbia plans new gas storage facility amid EU energy tensions and supply uncertainty Read More »

Scroll to Top