economy
March 31, 2026
Bajatović: Serbia safe regarding gas supply until at least January 1, 2028
The extension of the gas arrangement with Russia is good news for Serbia, which, according to the assessment of the general director of 'Srbijagas' Dušan Bajatović, will have a stable supply until 2028, without price increases for households and with the possibility of gas for the economy being even cheaper.
TL;DR
- Serbia's gas supply is secured until January 1, 2028, through an extension of its gas arrangement with Russia.
- Households will not face price increases, and businesses may see slightly lower gas prices.
- The existing contract's oil-based pricing formula, calculated over nine months, insulates Serbia from immediate European market price hikes.
- Serbia's gas reserves are 120 million cubic meters in Hungary and 478 million cubic meters in Banatski Dvor.
- Expansion of the Banatski Dvor storage facility will double its daily production capacity.
- New gas pipeline interconnections, including one towards Romania, are under construction.
- Discussions with Azerbaijan for additional gas supply are ongoing.
- The agreement between Serbian and Russian presidents signals a commitment to Serbia's gas supply.
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