Serbia expects to extend its gas supply arrangement with Gazprom beyond September 30, maintaining Russian deliveries while negotiations continue over a longer-term agreement.
President Aleksandar Vučić said after speaking with Russian President Vladimir Putin that an annex should be signed shortly.
Vučić put Serbia’s current purchase price at about €318 per 1,000 cubic metres, compared with a market benchmark of approximately €868. The extension’s duration, volumes and pricing formula have not been disclosed.
Serbia consumes about 3 billion cubic metres of gas annually. Its original 2022 Gazprom agreement covered up to 2.2 billion cubic metres a year.
That three-year contract expired in May 2025 and has since been maintained through shorter extensions, including an arrangement agreed in June 2026. Most Russian deliveries arrive through TurkStream and Bulgaria.
Serbia has also added Azerbaijani supplies through its Bulgarian interconnector.
Talks with Moscow covered NIS, Serbia’s only oil refiner, which has requested another US sanctions waiver beyond the expiry of its current licence on September 30.
Vučić described the NIS issue as more difficult than the gas negotiations, leaving the refinery’s operating position unresolved even as a gas extension was expected.
