Serbia has secured an extension of its current natural gas supply arrangement, ensuring continued gas deliveries for an additional three months beyond the end of June, according to Energy Minister Dubravka Đedović following discussions with Gazprom Chairman Alexey Miller. The agreement strengthens supply security and supports overall energy system stability in the coming period.
The deal is expected to support both industrial consumers and households through uninterrupted supply, while Serbian officials stressed the importance of maintaining favorable contract conditions, reliable volumes, and flexibility amid ongoing volatility in global energy markets. This arrangement is seen as a key short-term stabilizing factor for the national system.
The meeting also focused on strategic energy infrastructure projects, with particular attention given to the expansion of the Banatski Dvor underground gas storage facility, one of Serbia’s most important energy security assets. Once completed, storage capacity is expected to increase from 450 million cubic meters to around 750 million cubic meters, significantly improving the country’s ability to manage seasonal demand fluctuations and potential supply disruptions.
Both sides reportedly expressed satisfaction with progress on the storage expansion project, describing it as a central pillar of Serbia’s long-term energy security strategy and a critical investment in future system resilience.
Discussions also covered broader cooperation between Serbia and Russia in the oil and gas sector, including ongoing developments affecting the energy industry. A key topic was the situation surrounding NIS, Serbia’s largest oil company, which continues to face uncertainty linked to international sanctions pressure. Authorities are working to identify a sustainable solution that protects domestic consumers and the national economy.
Officials reiterated that ensuring uninterrupted energy supply, maintaining market stability, and protecting end-users remain top priorities, emphasizing that households and businesses should not bear the consequences of wider geopolitical tensions.
