Serbia Secures Three-Month Gas Supply Extension with Gazprom

Serbia has guaranteed its gas supply for another three months, securing a deal with Russian energy giant Gazprom. Energy Minister Dubravka Đedović Handanović confirmed the extension after meeting with Gazprom Chairman Alexey Miller, highlighting the importance of stable and affordable gas deliveries for the country's citizens and economy.

The agreement, effective after June 30, ensures continued supply and favorable pricing. Discussions also touched upon expanding the Banatski Dvor underground gas storage facility from its current capacity of 450 million cubic meters to 750 million cubic meters, a crucial project for Serbia's energy security.

“

This is important for our country, for our citizens, for our economy because these are stable supplies, exceptionally favorable in terms of price, but also because of the flexibility and the quantities they bring.

Minister Đedović Handanović also raised concerns regarding NIS, a Serbian oil and gas company, and the impact of sanctions. She stressed that Serbia has not contributed to the imposition of these sanctions and that its citizens should not bear the burden. A sustainable solution, acceptable to the U.S. administration, is needed to address the situation.

The meeting, held on the sidelines of the St. Petersburg International Economic Forum, also included discussions on further partnership with the Russian Federation and current projects in the gas sector. Progress on the Banatski Dvor expansion was positively assessed. The Serbian minister also held separate talks with Russian Deputy Minister of Energy Pavel Sorokin.

“

We have done nothing, nor contributed to the introduction of these sanctions, and because of that, our citizens must not suffer, must not be in pain, and a sustainable solution must be found which must be acceptable to the American administration.