economy

March 31, 2026

PUTIN WILL NOT LEAVE SERBIA WITHOUT GAS! Srbijagas General Director Announced

The price of gas for households will not change, while gas will become cheaper for businesses.

PUTIN WILL NOT LEAVE SERBIA WITHOUT GAS! Srbijagas General Director Announced

TL;DR

  • Serbia's gas arrangement with Russia has been extended for three months.
  • Household gas prices will not increase.
  • Gas prices for businesses will be reduced.
  • The extended arrangement aims to circumvent potential payment issues and interpretations of European sanctions.
  • Serbia is secure in terms of gas transit through third countries until at least January 1, 2028.
  • The current gas price calculation method uses an old oil formula, factoring in mazut and diesel prices from nine months prior.
  • Future gas prices are expected to remain stable at $320, significantly lower than potential market prices of $690.
  • Srbijagas has flexible terms allowing for increased gas take based on contract prices.
  • Serbia is exploring alternative gas sources, including from Azerbaijan, although quantities are limited.
  • The gas arrangement is separate from the ongoing negotiations regarding NIS sanctions.

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