In October this year, Serbia plans to conclude an agreement with Russia for gas supply for three years. According to the head of the Serbian state gas company Srbijagas, Dushan Bayatovich, the annual gas supply will amount to 2.5 billion cubic meters.
The price of gas for Serbia will remain unchanged. In addition to supplies from Russia, the country is also diversifying its energy supply sources by signing an agreement for daily supplies of 2.5 million cubic meters of gas from Azerbaijan.
According to Bayatovich, Serbia receives an additional 9.5 million cubic meters of gas from Russia daily.
The country has only one gas storage facility with a capacity of 780 million cubic meters, but if necessary, it can receive another 200 million cubic meters from the storage facility in Hungary.
Serbia and Russian Gas: A Complex Situation
Despite its desire to join the European Union, Serbia remains a major buyer of Russian gas, deepening its energy dependence on Russia. The country's government has not supported the EU measures against Russia so far.
The gas supply agreement between Serbia and Russia for the next three years is marked by maintaining supply levels, favorable prices, and the country's attempt to diversify energy sources.