serbia

Serbia: Transportgas achieves certification as independent transmission system operator

The certification of Transportgas as an independent transmission system operator has been successfully completed, with the Energy Community confirming the achievement. This milestone was a central topic of discussion during a meeting between Serbia’s Minister of Mining and Energy, Dubravka Djedovic, and the newly appointed director, Zoran Jovcic. This certification, granted by the Energy Agency, […]

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Serbia: Kolubara coal output surpasses targets as EPS maintains stable production and begins electricity exports

State-owned power utility EPS has announced that coal production at the Kolubara mining basin has remained stable and is performing above expectations. Since the beginning of the year, output has exceeded planned levels by 6%. The company attributes this success to efficient operational management and the dedication of its workforce, which has ensured consistent coal

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Serbia strengthens energy ties with Azerbaijan at Southern Gas Corridor Advisory Council

At the 11th Ministerial Meeting of the Southern Gas Corridor Advisory Council in Baku, Serbian Assistant Minister of Oil and Gas, Sasa Kokovic, emphasized the growing energy partnership between Serbia and Azerbaijan. He highlighted the completion of the Serbia-Bulgaria gas interconnector in December 2023 as a major milestone in Serbia’s integration into regional energy infrastructure.

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Serbia hires BlackSummit capital for lobbying amid US sanctions on NIS

In response to US sanctions targeting its energy sector, particularly the oil company NIS, the Serbian Government has enlisted the lobbying services of BlackSummit Capital. The firm’s role is to assist Serbia in navigating the sanctions imposed on NIS, which is partly owned by the Russian company GazpromNeft. A document from the US Department of

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Serbia: Fortis Energy to develop 144 MW Juhor wind farm, expands renewable projects

Turkish renewable energy company Fortis Energy has announced plans to install 20 wind turbines, each with a capacity of 7.2 MW, as part of its 144 MW Juhor wind farm project in central Serbia. Currently in the regulatory and technical planning phase, the Juhor wind farm is expected to generate over 425 GWh of electricity

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Serbia: Oil pipeline to Hungary set to boost diversification and lower costs by 2027

Serbian President Aleksandar Vučić has announced that the design phase for the new oil pipeline to Hungary will be completed by the third quarter of this year, with construction slated to begin in the fourth quarter. The pipeline is expected to be fully operational by the first quarter of 2027, with an investment estimated at

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EPS doubles its profit in Q1

The Board of Directors of Elektroprivreda Srbije (EPS) Joint Stock Company adopted the Report on the three-year business plan implementation for the first quarter of 2024, revealing that the company’s profit reached 28.3 billion dinars. This figure is twice as high as projected, EPS announced today. The profit marks a five percent increase compared to

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