Serbia has secured an additional gas supply agreement with the Russian gas company Gazprom for another three-month period until September 2026 (Serbian Government press release, 04/06/2026). A three-month extension beyond 30 June 2026 has been confirmed following a meeting between the Serbian Energy Minister and Gazprom’s CEO. In March 2026, Serbia had already secured a prior three-month extension of its gas supply contract with Russia.
To meet its gas demand, Serbia depends largely on imports from Russia. According to our data, gas imports decreased by 5% to 2.5 bcm in 2024, after a 10% decline in 2023. Previously, they had increased by around 10%/year between 2014 and 2022, reaching 3 bcm: they rose by 19% to 2.4 bcm in 2021, as Serbia began receiving Russian gas via the Bulgarian branch of the TurkStream gas pipeline, and by 26% in 2022. The three-year contract for 2.2 bcm/year of gas, signed under “extremely favourable terms” in June 2022 by Srbijagas with Gazprom, expired in May 2025, but has been extended repeatedly since then.
Serbia also imports natural gas from Azerbaijan under a supply agreement signed in 2023 for 0.4 bcm/year over 2024–2026, delivered via the Interconnector Bulgaria–Serbia; deliveries from Azerbaijan have doubled since the beginning of imports, reaching around 0.7 bcm/year in 2025. Serbia is also planning to secure additional gas imports from Azerbaijan to supply a future gas-fired power plant project in Niš (Enerdata Global Energy Research).