The World Bank has shown interest in backing a multi-stage support program for Serbia’s gas sector, potentially covering financing for cross-border gas links, upgrades to domestic infrastructure, and the development of new gas storage facilities, according to Energy Minister Dubravka Djedovic.
Following discussions with a World Bank delegation, Minister Đedovic emphasized that Serbia continues to regard natural gas as a transitional energy source on its path toward decarbonization. She noted that gas remains a cornerstone of the energy system, making further infrastructure development essential for achieving objectives outlined in national strategic documents.
Talks focused on potential financing options and broader technical support for energy projects, with particular attention to gas infrastructure and energy efficiency initiatives. The discussion included projects currently in the preparatory phase, highlighting Serbia’s readiness for further collaboration.
Among priority investments, the Minister pointed to the planned interconnector with North Macedonia, for which a feasibility study has been completed. Both sections of the project are EU-funded, and once operational, the link will strengthen supply diversification and open additional routes.
Minister Đedovic also underlined the continuation of the SURCE program, a joint initiative with the World Bank aimed at improving household energy efficiency. The program is progressing well, with plans to provide subsidies to around 50,000 households by the end of 2027, helping to cut emissions while offering savings for household budgets.
Additionally, the World Bank has expressed interest in supporting large-scale energy renovations of public buildings, including schools, kindergartens, and hospitals. Such projects could reduce energy consumption by up to 50% and generate new employment opportunities, extending both the economic and environmental impact of the cooperation.
