economy

February 14, 2026

New gas deal in sight: President Aliyev's visit brings agreement on gas power plant construction near Niš?

For Statehood Day, February 15, President Aleksandar Vučić will host Azerbaijani President Ilham Aliyev, and the visit could bring Serbia an agreement on the construction of a gas power plant near Niš.

New gas deal in sight: President Aliyev's visit brings agreement on gas power plant construction near Niš?

TL;DR

  • Serbia and Azerbaijan are expected to sign an agreement for the construction of a gas power plant near Niš during Azerbaijani President Ilham Aliyev's visit on February 15.
  • The gas power plant, with a capacity of 500 megawatts, is planned with an investment of approximately €600 million and will be supplied with gas from Azerbaijan.
  • The project aims to produce electricity, provide heat, and balance renewable energy sources, supporting the integration of solar power plants.
  • Discussions may also include increasing Serbia's gas imports from Azerbaijan, potentially reaching up to one billion cubic meters annually.
  • Experts express mixed views on the project, with some highlighting the decades-long pursuit of such projects without realization and questioning gas supply security, while others see it as a rational solution in the current energy landscape.
  • The potential establishment of a direct Belgrade-Baku flight route is also a possible topic of discussion.

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